The State Railway of Thailand (SRT) has agreed to extend a time frame to which it had previously agreed with two other parties as attempts to negotiate and finish amending the agreement for their joint investment in the high-speed train project linking three airports drag on.
The State Railway of Thailand (SRT) has said it will now be able to save billions of baht in additional costs in the execution of a high-speed rail project linking Don Mueang, Suvarnabhumi and U-tapao airports.
The State Railway of Thailand (SRT)on Thursday defended its decision to allow a consortium led by Charoen Pokphand Group to delay paying a lump sum of 10.6 billion baht when taking over the operations of the Airport Rail Link (ARL) on Oct 25.
The government has insisted that the high-speed rail linking Don Mueang, Suvarnabhumi and U-tapao airports, one of the key infrastructure projects in the flagship Eastern Economic Corridor (EEC), has to be finished over the next four years as planned.
A consortium led by Charoen Pokphand Group will take over the operations of Airport Rail Link (ARL) services on Monday, according to the Department of Rail Transport (DRT).