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CP-linked firm reaffirms high-speed rail exit bid, may halt Airport Rail Link on September 30

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CP-linked firm reaffirms high-speed rail exit bid, may halt Airport Rail Link on September 30

A CP-linked company has reaffirmed its intention to exercise its right to end the public-private partnership for Thailand’s three-airport high-speed rail project, raising the possibility that it will stop operating the Airport Rail Link on September 30.

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Summary

Deputy Transport Minister Siripong Angkasakulkiat said Asia Era One Co Ltd had sent a second letter to the State Railway of Thailand (SRT), maintaining its request to exercise its right to terminate the partnership contract.

Asia Era One is the SRT’s private partner in the proposed high-speed railway connecting Don Mueang, Suvarnabhumi and U-Tapao airports.

Read full article at Nation Thailand →