The future of the 224.5-billion-baht high-speed rail project linking Don Mueang, Suvarnabhumi and U-Tapao airports now hinges on whether the government approves amendments to its concession agreement, with the State Railway of Thailand (SRT) warning the contract could otherwise be terminated.
SRT governor Anan Phonimdaeng said the SRT, the Eastern Economic Corridor Office (EECO) and Asia Era One Co, the consortium led by CP Group that won the concession, met last week, during which the private partner said it would be unable to continue with the public-private partnership (PPP) project unless the contract is revised.
