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Thai PM blocks CP’s exit from rail deal

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A dispute over Thailand’s flagship three-airport high-speed rail project has escalated, with the government warning that a private operator cannot simply walk away from a multi-billion-baht contract. The warning follows a bid by a CP Group-linked firm to terminate its role in the scheme connecting the country’s three main airports.

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Summary

Prime Minister Anutin Charnvirakul said contracts with the government could not be cancelled easily, and that terminating such an agreement could carry serious legal and financial consequences.

The warning comes after Asia Era One, the CP Group-linked consortium behind the project, reaffirmed its request to exercise its right to end its role in the Airport Rail Link from September 30, 2026. The State Railway of Thailand (SRT) has been negotiating with the consortium in an effort to resolve the dispute and keep the service running.

Read full article at The Thaiger →