Contract on high-speed rail project closer to being inked

[webfact]

Contract on high-speed rail project closer to being inked

By The Nation

 

File photo /credit: EEC Office

 

The delayed high-speed rail project is getting closer to being inked by the State Railway of Thailand (SRT) and CP Holding’s joint venture once an agreement on some key details of this public-private partnership project (PPP) have been reached. 

 

Warawut Mala, SRT’s acting governor, said the panel responsible for the 220-kilometre high-speed rail connecting three international airports will meet representatives of the CP Holding joint venture on Wednesday (September 11).

 

The two sides will discuss SRT’s handing over of land to the CP joint venture for the project’s construction. He said that after the Cabinet approved the concession in May, the two sides discussed details of the PPP project to ensure the government does not lose huge sums like it did with unfinished ventures like the Hopewell project. The two sides have agreed in principle that construction will begin as soon as SRT issues a notice to proceed. 

 

“The two sides will sign a contract before the bid winner can proceed with the construction,” he added. 

 

The notice will be issued when the SRT is ready to hand land over to the private partner in the PPP and CP Holdings agrees to proceed with the construction, he said, adding that the timeframe for completion is five years. 

 

Warawut said the two sides can on Wednesday also set a date for contract signing if they have no new issues to discuss. The SRT will  hand over 4,421 rai for the rail project within two years on the condition that one it can complete the expropriation of 850 rai. 

 

The cost of the high-speed rail project connecting Bangkok’s Suvarnabhumi and Don Mueang international airports with U-Tapao in Rayong is Bt224.5 billion. The CP venture is seeking Bt117.2 billion in state support.

 

Source: https://www.nationthailand.com/business/30376049

 

-- © Copyright The Nation Thailand 2019-09-11

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[RotMahKid]

I don't need these kind of posts.

Just make a post about it, when it's up and running.

[josephbloggs]

8 minutes ago, RotMahKid said:

I don't need these kind of posts.

Just make a post about it, when it's up and running.

Yeah, let's not report on anything until after it has happened, finished, and running.  I mean nobody wants to know anything about news or events that are coming.

 

Don't report on crime until it has been solved and someone is in prison.

Don't report on upcoming events until after they have finished.

Don't report on projects until they are complete.  Wondering what all the construction on your road might be about?  NEVER MIND!!  You'll find out when there's a train there.

Why is the British Embassy being torn down?  NEVER MIND!!  They'll report on it when something new is in its place and it's open.

Your newspaper would be pretty empty.

Or, perhaps a better idea, why don't you just not read stuff if it so obviously bothers you.

[dotpoom]

3 hours ago, webfact said:

Contract on high-speed rail project closer to being inked

What ever happened to "plain" English.

Why not just say "signed"....If the author thinks it's "cool"....they are wrong...it just looks... "silly".

[legend49]

Just now, dotpoom said:

What ever happened to "plain" English.

Why not just say "signed"....If the author thinks it's "cool"....they are wrong...it just looks... "silly".

My son got inked on his 18th birthday. Swears its the last tattoo he will ever get.

[Cadbury]

 

3 hours ago, webfact said:

the two sides discussed details of the PPP project to ensure the government does not lose huge sums like it did with unfinished ventures like the Hopewell project.

That has a porky ring to it. They haven't lost any money yet on the Hopewell project.

They refuse to pay the US$400 million damages judgement handed down by the Supreme Court. They also lost the appeal. And still the Minister for Transport refuses to pay.

That court ruling was basically a declaration that the SRT was cause of the failed Hopewell project.

Having the SRT involved in any project is like giving it the kiss of death.

[sammieuk1]

The two sides will discuss SRT’s handing over of land to the CP joint venture for the project’s construction. He said that after the Cabinet approved the concession in May, the two sides discussed details of the PPP project to ensure the government does not lose huge sums like it did with unfinished ventures like the Hopewell project. The two sides have agreed in principle that construction will begin as soon as SRT issues a notice to proceed.

 

It will be the tax payer and the poor that will loose money not the government they will have already taken their cut????

[malibukid]

talk is cheap, what about fixing the sidewalks and making them safe in CM?  so the contract goes to the lowest bidder?  sounds safe.

[Isaanbiker]

Oh yes! Let's put Pinocchio, Merkel and Trump on the first test ride doing high speed in a Chinese low quality high speed train.

 

 

First, it's almost inked, then almost bought and finally off the table. 

 

  The hub of almost inked contracts that never see color. 

 

 

  Would I have a deathwish, I'd try one in China where reports of deadly accidents are held back that we can't see it. 

 

   Thailand doesn't need high speed trains, they need to get the high truck drivers off the road first. 

 

 

I took the night train from Sisaket to Bangkok twice within a period of ten months. Both times, the train stopped in the middle of nowhere and it turned out that the locomotive had died.

 

Depending on where that happens, it can take half a day to get a replacement. If they can't even service old stuff, how could they deal with high tech equipment?

 

 

 

  

 

   

[fullcave]

15 minutes ago, malibukid said:

so the contract goes to the lowest bidder?

That's why CP chicken literally waits until last minute to hand in the bid. ???? 

[dallen52]

Normally I would have expected an impact study. 

But hey TIT.

 

Such an infrastructure project like this I read is planned to link up with China?

Helping me understand the Chinese funding loans.

 

I would have thought it would have been sold along the grounds of reduced pollution, significantly less vehicles on the road,

Take the car by rail etc.

But one again TIT.

ONCE these beasts get up to speed its several kilometers before they can stop.

Which means impenetrable level crossings.

Otherwise its going to be a case of, "pick the bike and rider up three kilometres up the track"

 

I really want to believe it will happen in my time here.

Can see the Chinese engineering population growing significantly. 

No doubt special visa waivers will be available. 

[Cadbury]

1 hour ago, Isaanbiker said:

Oh yes! Let's put Pinocchio, Merkel and Trump on the first test ride doing high speed in a Chinese low quality high speed train.

 

 

First, it's almost inked, then almost bought and finally off the table. 

 

  The hub of almost inked contracts that never see color. 

 

 

  Would I have a deathwish, I'd try one in China where reports of deadly accidents are held back that we can't see it. 

 

   Thailand doesn't need high speed trains, they need to get the high truck drivers off the road first. 

 

 

I took the night train from Sisaket to Bangkok twice within a period of ten months. Both times, the train stopped in the middle of nowhere and it turned out that the locomotive had died.

 

Depending on where that happens, it can take half a day to get a replacement. If they can't even service old stuff, how could they deal with high tech equipment?

 

 

 

  

 

   

Murphy's Law on Thai trains.

"You can never tell which way the train will go by looking at the track"

[MaxLee]

Who can afford that transportation mode anyways??? Not the commoners anyways

[hotchilli]

7 hours ago, webfact said:

The delayed high-speed rail project is getting closer to being inked by the State Railway of Thailand (SRT) and CP Holding’s joint venture once an agreement on some key details of this public-private partnership project (PPP) have been reached

 

[BadBouy]

Watchman's boondoggle

[MAGA 2020]

5 hours ago, Isaanbiker said:

Oh yes! Let's put Pinocchio, Merkel and Trump on the first test ride doing high speed in a Chinese low quality high speed train.

 

 

First, it's almost inked, then almost bought and finally off the table. 

 

  The hub of almost inked contracts that never see color. 

 

 

  Would I have a deathwish, I'd try one in China where reports of deadly accidents are held back that we can't see it. 

 

   Thailand doesn't need high speed trains, they need to get the high truck drivers off the road first. 

 

 

I took the night train from Sisaket to Bangkok twice within a period of ten months. Both times, the train stopped in the middle of nowhere and it turned out that the locomotive had died.

 

Depending on where that happens, it can take half a day to get a replacement. If they can't even service old stuff, how could they deal with high tech equipment?

 

 

 

  

 

   

I'll keep President Trump how about you take a ride, certain you haven't contributed anything meaningful 

[Srikcir]

5 hours ago, dallen52 said:

Normally I would have expected an impact study. 

Prayut had invoked Article 44 to kick start the project.

No impact study required.

[Srikcir]

7 hours ago, sammieuk1 said:

the two sides discussed details of the PPP project to ensure the government does not lose huge sums like it did with unfinished ventures like the Hopewell project.

In fact the CP JV had asked the government (SRT) to compensate CP JV as low successful bidder for any delays in addition to the terms of the TOR but SRT rejected such compensation (as well as ten other CP post-TOR conditions). So it might be that terms of compensation for government caused delays might be under negotiations again because of the Hopewell experience.

Such a clause would be justified.

But that would amount to amending the TOR and open the government to charges of collusion by the unsuccessful bidders who made their bids based on the terms of the original TOR, ie., higher bids made due to potential costs from government delays that would have to be absorbed!

 

What might give the CP JV leverage in SRT agreeing to add additional favorable terms to the TOR such as compensation for government delay? Well, one of the CP Group partners is a China state-owned enterprise that might be a lending source for CP. Prayut isn't one to reject China infrastructure loans.

[trainman34014]

Zzzzzzz; wake me when it's time to buy a ticket !

[dallen52]

2 hours ago, Srikcir said:

Prayut had invoked Article 44 to kick start the project.

No impact study required.

The impact will be every bike that jumps through the level crossings.

[mtls2005]

This one looks like one of the larger pig troughs ever envisoned for Thailand.

 

Maybe better to just let the hisos raid the treasury, maybe leave a few satang for the commoners?

 

Who's gonna pay 3,000 baht to go to Khorat? 

[johnarth]

no doubt this is why the tourists numbers are up they come to ride the fast trains to china school kids can tell better lies

[fforest1]

There is 100% 1000% no way in hell this will be finished in 5 years....WHY EVEN THROW OUT SUCH STUPID NUMBERS.......I doubt even 10 years....15-20 years would be my guess...

 

 

[SunsetT]

Anyone know how compulsory purchase works in Thailand for projects like this and the Chinese project to Nong kai? How r people paid and compensated if their home or land is in the way?

[masuk]

23 hours ago, malibukid said:

talk is cheap, what about fixing the sidewalks and making them safe in CM?  so the contract goes to the lowest bidder?  sounds safe.

AGREED 100% !!   There's hardly an expat who I know hasn't tripped, fallen, or even had a problem with the 25cm kerbs on Chiang Mai paths/sidewalks.  At least it keeps many of the motor bikes off!

[sandyf]

15 hours ago, mtls2005 said:

This one looks like one of the larger pig troughs ever envisoned for Thailand.

 

Maybe better to just let the hisos raid the treasury, maybe leave a few satang for the commoners?

 

Who's gonna pay 3,000 baht to go to Khorat? 

I didn't realise that they had moved Korat.

The line being discussed is for inter airport traffic, not intended for local travel. I do not know about others but I see any attempt to remove the risk of a traffic jam on the way to the airport as something positive. I live in Chonburi and we do not use DM or UT because of the traffic problems getting there.

This line would be a real bonus if I live long enough.