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PM Prayut expects contract on high-speed train linking three key airports to be signed on Oct 25

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PM expects contract on high-speed train linking three key airports to be signed on Oct 25

By The Nation

 

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Prime Minister Prayut Chan-o-cha

 

Prime Minister Prayut Chan-o-cha said on Tuesday (October 15) that he expected the State Railway of Thailand (SRT) and the Charoen Pokphand-led consortium to sign a contract on October 25 to develop a high-speed train project linking three major international airports.

 

The Cabinet on Tuesday approved the list of the new SRT board of directors after it was proposed by the Transport Ministry.

 

The approval will pave the way for the signing of the contract.

 

Department of Land Transport director-general Chirute Visalachitra has been named as chairman of the new board.

 

The contract signing between the SRT and the CP-led consortium could not take place on October 15 as the previous SRT board resigned en mass on October 1. On October 8, Transport Minister Saksayam Chidchob postponed the deadline for the signing to October 25, pending the appointment of the new board.

 

The high-speed railway will connect three international airports – Don Mueang in Bangkok, Suvarnabhumi in Samut Prakan and U-Tapao in Rayong.

 

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-- © Copyright The Nation Thailand 2019-10-16

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4 hours ago, webfact said:

Prime Minister Prayut Chan-o-cha said on Tuesday (October 15) that he expected the State Railway of Thailand (SRT) and the Charoen Pokphand-led consortium to sign a contract on October 25 to develop a high-speed train project linking three major international airports.

I thought you wanted to decrease the monopoly ???

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The only way ANY high speed train would work in this country is that it was 25 ft up in the air and the support pillars have had 25 ft moat around them

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The stench of brown envelopes is strong in this one......

 

There are just too many big players fighting over trough money.....I think the problem is/was after they all got their cut of the action there was not enough money left to build the rail...... 

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7 hours ago, webfact said:

The approval will pave the way for the signing of the contract.

Even though 25% of the needed land has yet to be purchased?

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High-speed train deal will be inked next week: PM

By THE NATION

 

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Prime Minister Gen. Prayut Chan-o-cha said on Tuesday (October 15) that the signing of the contract for the high-speed train project connecting 3 airports will take place next Friday (Oct. 25) as scheduled.

 

“Both the Deputy Prime Minister Anutin Charnvirakul and Transport Minister Saksyam Chidchob have confirmed that the signing will follow the timetable previously agreed with our private partners,” he said. “Meanwhile, the Eastern Economic Corridor Office (EECO) will today review the contract draft before submitting it to State Railway of Thailand (SRT) to sign together with CP Consortium on October 25.”

 

A source from EECO revealed that the office had previously consulted with CP Consortium, which is led by Charoen Pokphand Holdings (CPH), for the drafting of a contract addendum stating that SRT must deliver 4,429 rai for the construction to CPH in two installments.

 

The first installment covers 3,814 rai or 86 per cent of total construction area, and is to be delivered within 15 months over the contract being signed – a deadline of January 2021. The remaining areas are to be delivered within 2 years and 3 months of the contract signing, with a deadline of January 2022. Should SRT fails to deliver as per the schedule, CPH will be eligible for compensation and have the right to exit the contract.

 

According to the source, area delivery in construction contracts with private partners usually has a timeframe of 3-4 years, therefore the EECO may have to revise the contract addendum again to make sure that the timeframe is fair to SRT. Currently EECO and SRT are coordinating with Department of Provincial Administration to issue expropriation notices to owners of land along the project area, as well as contacting related departments to remove and/or adjust their infrastructure (such as power cables, electric poles) that may obstruct the construction, so that the area delivery can begin as soon as possible.

 

Meanwhile, CP chief executive Suphachai Chearavanont confirmed that CP would sign the contract on October 25 as scheduled, but refused to disclose any information about the addendum. “The EECO will reveal the details of contract in due course,” he said.

 

He also mentioned that CP Consortium will continue with the bidding for the U-Tapao airport development project despite the bidding committee earlier disqualifying the group due to late document submission. “We have already filed an appeal with the Supreme Administrative Court and are awaiting the court’s ruling,” said Suphachai.

 

Source: https://www.nationthailand.com/news/30377437

 

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-- © Copyright The Nation Thailand 2019-10-16
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The General has Ordered CP to sign the contract now!

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5 hours ago, legend49 said:

October 25 2020?

No. That's the day she set 5 years ago for lottery tickets to be 80 B

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I hope they check the company is qualified and the company considers maybe not being paid for 20 or more years 

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3 hours ago, webfact said:

High-speed train deal will be inked next week: PM

 

His ‘commission’ on this is going to be enormous…

 

 

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13 hours ago, RichardColeman said:

The only way ANY high speed train would work in this country is that it was 25 ft up in the air and the support pillars have had 25 ft moat around them

With a top speed of 25kph for some level of safety 🤔

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