Two high-speed train projects to be included in PPP programme

[webfact]

Two high-speed train projects to be included in PPP programme



BANGKOK: -- The Office of State Enterprise Policy Committee has been instructed by Deputy Prime Minister Somkid Jatusripitak to include the Bangkok-Hua Hin and Bangkok-Rayong high-speed train projects into the PPP’s (Public Private Partnership) fast-track programme.

Dr Somkid said that the inclusion of two high-speed train projects in the PPP programme was intended to speed up implementation of the infrastructure projects now that five similar projects have already taken off including the mass transit system, the motorway and the special highways.

There have been enough studies about the two high-speed train projects with only one remaining issue, that is how the private sector will participate and in what form – private sector’s complete responsibility for the entire projects or just operating the train services; government’s investment in infrastructure and train system and the private sector chosen to operate the services.

The Transport Ministry will work out all the details and the various options for submission to the PPP committee for consideration.

Source: http://englishnews.thaipbs.or.th/content/162205


-- Thai PBS 2016-05-06

[chainarong]

Interesting to see that five similar projects have already taken off , did I miss something or isn't the Thai press now reporting every Junta event...........................

[alant]

I thought I read somewhere that these would be complete next year or was that the dual track system that would be completed then?

[sanukjim]

Hell Thailand can't keep their "Low Speed" rail road running properly,unless China or Japan runs the project I wont be riding it.

[neal david]

sure a few weeks ago that i heard the general on his Friday night soap .... saying the by the end of this year the high speed train from bangkok to korat would be completed and up and running ......now its may ..... 7 months left and nothing .....really they should think before they speak ....dream land .....would be a better name for this place ...........

Edited May 6, 2016 by neal david

[Srikcir]

I support PPP's as a means to lessen government fudnding while sharing risk with private enterprise. PPP's provide a better boost to GDP than does foreign investment.

BUT not now.

At a time when the Thai economy is struggling (lowest GDP growth in ASEAN) and there is a shortage of domestic capital, it might be better to delay some of these mega-projects.

[mtls2005]

Other than the "commissions" how much money will actually "trickle down" and stimulate the economy this year, or even next year?

The "government" will have to secure land, so I guess some of that will leach into the economy?

It just seems that expenditures early on in projects might end up in bank accounts, or off-shore?

[KimSamui]

Of all the High speed projects Hua Hin has the best chance of profitability.

Ridiculous, dangerous 4 hr drive in mental traffic. Car services are pricey too for such a short journey.

[Estrada]

Hardly new news, this was announced last year. This is to support Singha High Speed Railway to Hua Hin and the Beer Chang High Speed railway to Pattaya. Nor is it a surprise that it will not be entirely funded by the Government as PPP allows more scope for lubrication.

Edited May 6, 2016 by Estrada