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Thailand's $7 billion airport rail project off the ground after months of dispute


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How on earth can it ever make money back. Quite crazy. 

No state project is meant to be profitable. If it were it would've been picked up by a private company. It's meant to improve infrastructure for the public good, and job creation.    

Second richest man? But I might be wrong!   Getting the job done is top priority. Price of tickets is already set. Who cares if it doesn't make any money. That is the script as it applies

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CP group seals deal on high-speed airport rail

By THE NATION

 

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The CP-led group and the SRT sign the contract for the high speed train project. Seen in the picture are SRT acting governor Worawut Mala, left, front row, and CP group chairman of the executive board Suphachai Chearavanont, right front row. PM Prayut Chan-o-cha presides over the contract signing ceremony.

 

The Charoen Pokphand-led consortium and the State Railway of Thailand today (October 24) signed the contract for the development of a high-speed railway linking three international airports, presided over by Prime Minister Prayut Chan-o-cha at Government House.

 

The high-speed network will connect Don Mueang Airport in Bangkok, Suvarnabhumi in Samut Prakan and U-tapao in Rayong.

 

CP consortium made the lowest bid for the project. Others in the group are Bangkok Expressway and Metro Plc, China Railway Construction Corp, Ch Karnchang Plc and Italian-Thai Development Plc.

 

The Eastern Economic Corridor Policy Committee today also signed a MoU with the SRT in support of the project's development.

 

Suphachai Chearavanont, chairman of CP's executive board said the rail route is 220 kilometre in length and the train can travel at the maximum speed of 250 km per hour.

 

SRT acting governor Worawut Mala said the signing marked another milestone of the country's transportation infrastructure development, which is developed under the Public-Private Partnership Net Cost basis. The project is valued Bt224.544 billion and all asset will be handed back to the state at the end of the 50-year contract.

 

Eastern High-Speed Rail Linking Three Airports Co Ltd, a company set up by the CP consortium for the project, signed the deal with the SRT on its behalf.

 

The high-speed rail is expected to be up and running in 2023. It is estimated to create 16,000 jobs in the construction period and another 100,000 jobs in the next five years.

 

Deputy Prime Minister Anutin Charnvirakul said, following the signing,that the state agency would now undertake several processes, including train procurement and the hiring of consultants for various tasks.

 

The initial steps in preparation for construction, such as moving public utilities along the route, will take two years, he said.

 

Anutin said he hopes all parties involved would focus on getting the job done and not on gains or losses from the contract.

 

Source: https://www.nationthailand.com/business/30377719

 

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-- © Copyright The Nation Thailand 2019-10-24
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They always better forget any planning, because Thais and planning are not the best friends. It would be always easier if they would say: "we build a high speed train, let´s start tomorrow". 😉

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The project will link Bangkok’s main airport Suvarnabhumi to Don Muang airport - another airport in Bangkok used by low-cost carriers - and Pattaya’s U-Tapao airport, enabling trains to travel at up to 250 kilometers per hour, according to the project’s website.

Url to this website ?

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1 hour ago, andy72 said:

 

 

but seriously there is no point whatsoever to link 3 airports in this way 

dmk-bkk ok 

but utp?

 

 

UTP now is not same what it is going to be in future.

There are big extension plans for UTP also..

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>they is barely a railway in the world that actually makes a profit?

Most of the Japanese rail system is privately run, and makes a very good profit, it is also the best in the world.

The UK rail system was all private, and very successful, before the communists took it over.

 

 

 

 

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Will be very interesting to see if this goes ahead. BTS did a lot of research before they submitted their technically superior bid at a realistic price.

 

There will need to be some very clever project management from CP, but at least they can call on their previous experience with train projects such as .........???

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9 hours ago, andy72 said:

time to relocate those bar girls

 

but seriously there is no point whatsoever to link 3 airports in this way 

dmk-bkk ok 

but utp?

 

634172707_download(3).jpg.19b5807cd03c5123a724d1797ce59919.jpg

Obviously you don't live in Pattaya and have to put up with the s##t fight on highways 7 & 3 

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Does anyone know where the new station for Pattaya will be located specifically? I’ve found references that say it will be in Na Jomtien on CP owned land. CP has wide latitude in deciding what goes with a station, such as a new mall, condos, hotels, e.t.c.

 

I would like to see a detailed map of the high speed train route.

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14 minutes ago, Classic Ray said:

Will be very interesting to see if this goes ahead. BTS did a lot of research before they submitted their technically superior bid at a realistic price.

 

There will need to be some very clever project management from CP, but at least they can call on their previous experience with train projects such as .........???

Sausages....😂🤣😂

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6 hours ago, nattaya09 said:

It should prove to be quite a profitable project to those well positioned


Sent from my iPhone using Thaivisa Connect

Agree; they bought up all the proposed land prior to the agreement.

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11 hours ago, kickstart said:

I could be wrong ,but I think they is barely a railway in the world that actually makes a profit? (maybe the Japanese bullet train).

As has been said its a public service ,but how this one will pay for its self I do not know.

But it has to be better than leaving Paddington,London at 10 pm and having to stand for an hour no seats ,because the train due to leave before was canceled ........... due to shotage of staff was stated.  

Correct, most railways around the world do not make much money, but they do save a small fortune in not having to increase road capacity in central cities and bigger wider highways in Country areas, that's where the savings are !

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