The Thaiger
CP Group presses again for three-airport rail contract termination
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CP Group has sent another letter reaffirming its request for the termination of the three-airport high-speed rail contract . Deputy Transport Minister Siripong Angkasakulkiat has urged all sides to settle the outstanding issues before September 30.
Key facts
- CP Group has sent another letter reaffirming its request for the termination of the three-airport high-speed rail contract
- The railway is designed to link Don Mueang, Suvarnabhumi and U-Tapao airports
- The State Railway of Thailand scheduled further negotiations with the consortium for August 27
- A separate problem concerns work that overlaps with the Thai-Chinese high-speed rail project, under Contract 4-1 covering Bang Sue Grand Station to Don Mueang.
Summary
The railway is designed to link Don Mueang, Suvarnabhumi and U-Tapao airports. The private consortium behind it is Asia Era One Co. Ltd., a group led by CP Group. Siripong discussed the situation with State Railway of Thailand governor Anan Phonimdaeng on August 26.
Siripong said the operator cannot walk away from the deal on its own at this stage. Under the law and the partnership agreement, he said, a one-sided termination by the private side carries no legal effect yet.