Major rail contract approved to connect three Thailand's airports

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THAILAND: Thailand’s Cabinet has approved a draft contract worth 225 billion baht (7.07 billion USD) to build a high-speed rail connecting the country’s three major airports of Don Mueang, Suvarnabhumi and U-Tapao.

The consortium led by Charoen Pokphan (CP) Group is expected to sign the contract, proposed by the Eastern Economic Corridor (EEC) Office, with the State Railway of Thailand (SRT) on June 15.
Under the contract, the SRT will pay 149 billion baht over a period of 10 years and the joint venture contract covers 50 years.

The 220 km railway will run from Bangkok's Don Mueang and Suvarnabhumi airports to the U-Tapao airport in nearby Rayong Province.

Thailand's government is looking to bring advanced industries like aircraft, robotics and next-generation automobiles to Rayong and its surroundings as part of its ambitious Eastern Economic Corridor scheme.