Thailand puts high-speed rail project on track with land pledge

CP Group consortium promised all plots needed for construction within four years

20200117 thai high-speed rail

Thai Prime Minister Prayuth Chan-ocha, center, applauds after signing a contract Oct. 24 for a high-speed rail line connecting three Bangkok-area airports. (Photo by Eri Ishii)

MARIMI KISHIMOTO, Nikkei staff writer

BANGKOK -- Thailand finally reached an agreement for construction of a high-speed rail line linking three airports serving Bangkok, after making a unusual pledge to secure all land for the builders in a timely fashion.

A consortium led by Charoen Pokphand Group, Thailand's biggest conglomerate, signed a contract with the State Railway of Thailand in fall 2019 to build the line linking Suvarnabhumi, Don Mueang International and U-Tapao International airports. The route, expected to reduce travel time to one hour, is due to partially open in 2023.   

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