CP’s – Selecting Committee Airports High-Speed Rail Link
Meeting Postponed to April 4th.Expected Conclusion Made BeforeSonkrant.
28-3-2019–Yesterday Mr. Worawut Mala, Acting Governor of the State Railway of Thailand Revealed that the joint venture group Charoen Pokphand Holding Company Limited or CP Group has requested to postpone the negotiation with the private selection committee to invest in the high-speed rail project connecting 3 airports with a distance of 220 kilometers from yesterday appointment (March 28) requesed a little more time to negotiate with the partners to get a low interest loan in order to lower financial costs, which is in the final stage of the negotiation and expected to have it confirmed on the date of negotiation with the project selecting committee next week on April 4th.
Media asked whether the project will be effected if the government was changed ?, Mr. Worawut said he don’t want to bring politics into the projects under processing because the railway has planned to develop the country’s rail system and it will be normally operated.
It is expected that the negotiations with the CP group will be concluded before the Songkran festival and it will be proposed to the cabinet for approval on schedule
