Out-Law News | 20 Dec 2019 | 3:58 pm | 1 min. read
The State Railway of Thailand (SRT) will procure rail construction projects worth more than 200 billion baht ($6.6bn), in 2020. Projects will include high-speed train and double-track rail construction.
According to the Bangkok Post acting SRT governor Worawut Mala has said that in the first half year of 2020 SRT will speed up bidding for five constructions contacts worth for a total of 50bn baht for the Thai-Chinese high speed line linking Bangkok and Nakhon Ratchasima.
Fourteen rail construction contracts will be available to build 253 kilometres of line at a cost of 179bn baht.
Worawut said the SRT will seek cabinet approval to seek bids for double track rail construction projects including a 26bn baht ($860m) link between Khon Kaen and Nong Khai, a 36bn baht ($1.2bn) line from Thanon Jira junction in Nakhon Ratchasima to Ubon Ratchathani, a 56bn baht ($1.9bn) double-track route from Pak Nam Pho in Nakhon Sawan to Den Chai district of Phrae, and a 23bn baht ($761m) double-track project from Chumphon to Surat Thani. BBidding for three extensions to the SRT's red line was expected to open in January or February 2020.
The second phase of the high speed train project running for 355km from Nakhon Ratchasima to Nong Khai and the Lao border will cost 200bn baht ($66bn), it will form part of China's belt and road initiative when completed.
In October the SRT and the winning consortium led by Charoen Pokphand Holding Co. and consisting of China Railway Construction Corporation Limited (CRCC) signed the $7.22bn public-private partnership (PPP) agreement on the project of a high-speed rail linking three airports in Thailand. This project set a precedent for a regional economic strategy to link China's belt and road initiative (BRI) with the Eastern Economic Corridor (EEC), according to Xinhua net.