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Italian - Thai win contract for dual track train project linking Hua Hin and Prajuab - building to start September.


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2 hours ago, geriatrickid said:

The Karnasuta family owns and controls the firm. There is nothing Italian about this company. The Italian partner  died 35+ years ago.  This is the company president Premchai Karnasuta. He is one of the wealthiest  people in Thailand.

 

premchai-karnasuta.jpg

 

His sister who has a large stake in the construction has the young son Yutachai. He "runs"  Onyx Hospitality Group, of which the most notable brand in Thailand is  the Amari Hotel Group.

 

nijaporn-charanachitta.jpg

 

A word to the wise: In Thailand, be respectful and deferential to this family. 

The family does not need the Shinawatra clan. Rather, other people need this family as the construction firm has done much of the infrastructure work in Thailand because it  meets the requirement of being Thai controlled, experienced and possessing the  equipment and personnel to do the jobs.

 

 

555. googled Italian thai.

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8 hours ago, halloween said:

It's amazing what you can afford in the way of infrastructure when you aren't wasting it on alleged subsidies.

You amaze me Hall.

 

The real money maker is funding and debt. This is where the real money will be made and siphoned off. The General's rice scheme.

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8 hours ago, halloween said:

It's amazing what you can afford in the way of infrastructure when you aren't wasting it on alleged subsidies.

What is the total of all infrastructure or Government spending of the junta? You don't know.

 

Apart from that silly payment to the poor, how much is being spent directly in social programs in the regions outside of Bangkok? You don't know

 

Again Hall, your thoughts aren't facts. We have a great quote for people making claims like this, "tell'em their dreaming" et al car dealer 1987 Lansvale.

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5 hours ago, coulson said:

 


The high speed is a farce in any case, but woukd run on an entirely different alignment. The reality is this is an upgrade that can and will happen at least.

They desperately need a dual track from BKK to Surrathani (that's as far as tourism requires it anyway)

There's no reason the same journey should be many hours shorter by bus. Can't handle the capacity also, need to book a decent express sleeper days in advance.

 

Agree it's a practical solution that they may be cable of building. 1 metre gauge. Ballast track can have speeds up to 180 kph depending on the design

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"Italian-Thai Development Company Limited has won the contract ..."

 

According to the company spokesman, "Ice Pick Willie" Alderman, "We're proud to be on the bleeding edge of this new development."

 

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6 hours ago, geriatrickid said:

The Karnasuta family owns and controls the firm. There is nothing Italian about this company. The Italian partner  died 35+ years ago.  This is the company president Premchai Karnasuta. He is one of the wealthiest  people in Thailand.

 

premchai-karnasuta.jpg

 

His sister who has a large stake in the construction has the young son Yutachai. He "runs"  Onyx Hospitality Group, of which the most notable brand in Thailand is  the Amari Hotel Group.

 

nijaporn-charanachitta.jpg

 

A word to the wise: In Thailand, be respectful and deferential to this family. 

The family does not need the Shinawatra clan. Rather, other people need this family as the construction firm has done much of the infrastructure work in Thailand because it  meets the requirement of being Thai controlled, experienced and possessing the  equipment and personnel to do the jobs.

 

 

According to their annual report to the stock exchange  the family now owns  only 21.7 %  

 

Do a lot more research

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3 hours ago, Chris Lawrence said:

What is the total of all infrastructure or Government spending of the junta? You don't know.

 

Apart from that silly payment to the poor, how much is being spent directly in social programs in the regions outside of Bangkok? You don't know

 

Again Hall, your thoughts aren't facts. We have a great quote for people making claims like this, "tell'em their dreaming" et al car dealer 1987 Lansvale.

Unlike you CLaw, I don't claim to be omniscient, or ignore inconvenient facts.

Or make wild claims without any supporting evidence. You manage that while wide awake, we have a name for that, and it isn't dreaming.

 

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I live in Hua Hin. Last year the train derailed under the flyover south of town. The train hit a truck the was crossing the rail at a location where there was not even a road. Just a dirt area where the locals made a short cut over the tracks. It will be interesting to see how they will build this new track. Slightly elevated on a dirt mount so it can't be crossed except at controlled crossings? 

 

 

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15 hours ago, Dave67 said:

A surprisingly sensible decision they should do that everywhere, Much better option for Thailand than High-Speed rail. Good 1m gauge railway can have a speed of up to 180kph

 

This is after all just one more section of the SRT's 20-year-plan, for doubling more of its Thai-network, it has been running for ages and has nothing to do with the new China-Thailand medium-speed heavy-freight line.

 

Posters who jump to suggest that this is some sort of fiddle by the current government should remember, that this scheme has been running for far longer than the past three years, so their own favourites would also be implicated, were it indeed so. :wink:

 

https://books.google.co.th/books?id=2gG_NOuSUXoC&pg=PA173&lpg=PA173&dq=srt+track+doubling+plan&source=bl&ots=bJzUAZJKOv&sig=U6VVRcGt72TZMiCMuEDWUcoeNBI&hl=en&sa=X&ved=0ahUKEwiwi5qokLHVAhXBN48KHSGACXc4ChDoAQhDMAY#v=onepage&q=srt track doubling plan&f=false

 

...  talks about a 5-year plan from 2009-2014  ...  or this study from 2009 also cover the doubling of part of the Southern line  ...

 

http://www.maathai.com/project.php?project_id=58&type=3

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1 hour ago, Ricardo said:

 

This is after all just one more section of the SRT's 20-year-plan, for doubling more of its Thai-network, it has been running for ages and has nothing to do with the new China-Thailand medium-speed heavy-freight line.

 

Posters who jump to suggest that this is some sort of fiddle by the current government should remember, that this scheme has been running for far longer than the past three years, so their own favourites would also be implicated, were it indeed so. :wink:

 

https://books.google.co.th/books?id=2gG_NOuSUXoC&pg=PA173&lpg=PA173&dq=srt+track+doubling+plan&source=bl&ots=bJzUAZJKOv&sig=U6VVRcGt72TZMiCMuEDWUcoeNBI&hl=en&sa=X&ved=0ahUKEwiwi5qokLHVAhXBN48KHSGACXc4ChDoAQhDMAY#v=onepage&q=srt track doubling plan&f=false

 

...  talks about a 5-year plan from 2009-2014  ...  or this study from 2009 also cover the doubling of part of the Southern line  ...

 

http://www.maathai.com/project.php?project_id=58&type=3

1

Will involve quite a few temporary diversions to keep trains running. Build 30k new next to the running line divert running line traffic onto the newly built track, Rip out the old track and build new. You have to keep diverting traffic to build lines in a parallel.Do that on about 10 work fronts.  Building one Track completely and then doing the other side means more Mobilisations and demobilizations.and unable to keep traffic running.

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The Southern line is often disrupted by flooding anyway, hope that the new double-track is more resistant to this, it needs to be if they want to eventually move any container-freight arriving on the Chinese-line further South to Malaysia & Singapore.

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21 hours ago, Happy enough said:

555. googled Italian thai.

Try the SET and the company website.  I stay at the Amari DMK and am fairly pleased pleased by the value proposition. Similar quality to the BKK Novotel, but a fraction of the cost. I also have no complaints about the quality of the firm's construction  projects. Despite all the petty sniping about BKK, the project was of decent finished quality and its completed operations issues  were no worse than similar projects completed in  North America, or the EU.  

 

Construction , real estate and hospitality sectors have never been for the faint of heart or the non aggressive. Trump  a real estate  man, Steve Wynne of vegas hotel fame, Li Ka Shing the 2nd wealthiest  man in Asia and who owns a large chunk of Canada,  all share similar traits.

 

The side comments from others about corruption and shoddy work are polyannish. This company is no different than any other large conglomerate. It's just that it has Thai ownership.

 

 

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11 hours ago, geriatrickid said:

Try the SET and the company website.  I stay at the Amari DMK and am fairly pleased pleased by the value proposition. Similar quality to the BKK Novotel, but a fraction of the cost. I also have no complaints about the quality of the firm's construction  projects. Despite all the petty sniping about BKK, the project was of decent finished quality and its completed operations issues  were no worse than similar projects completed in  North America, or the EU.  

 

Construction , real estate and hospitality sectors have never been for the faint of heart or the non aggressive. Trump  a real estate  man, Steve Wynne of vegas hotel fame, Li Ka Shing the 2nd wealthiest  man in Asia and who owns a large chunk of Canada,  all share similar traits.

 

The side comments from others about corruption and shoddy work are polyannish. This company is no different than any other large conglomerate. It's just that it has Thai ownership.

 

 

thanks for the incredibly useful and interesting information mate. and there was me waking up thinking it was just gonna be another boring shitty day in Thailand. you my friend are a breath of fresh air.

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On 7/29/2017 at 5:48 PM, geriatrickid said:

The Karnasuta family owns and controls the firm. There is nothing Italian about this company. The Italian partner  died 35+ years ago.  This is the company president Premchai Karnasuta. He is one of the wealthiest  people in Thailand.

 

premchai-karnasuta.jpg

 

His sister who has a large stake in the construction has the young son Yutachai. He "runs"  Onyx Hospitality Group, of which the most notable brand in Thailand is  the Amari Hotel Group.

 

nijaporn-charanachitta.jpg

 

A word to the wise: In Thailand, be respectful and deferential to this family. 

The family does not need the Shinawatra clan. Rather, other people need this family as the construction firm has done much of the infrastructure work in Thailand because it  meets the requirement of being Thai controlled, experienced and possessing the  equipment and personnel to do the jobs.

 

 

Perhaps they like spagetti or have a holiday home is Sicily?

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