The 280-billion-baht (US$8.42 billion) project forms part of the plan to develop the country’s Eastern Economic Corridor (EEC), which covers 30,000 rai (48 sq km) in the eastern provinces of Rayong, Chonburi and Chachoengsao, reported Bangkok Post.
Feasibility studies to construct a high-speed train linking Thailand’s three airports of Suvarnabhumi, Don Mueang and U-Tapao have been completed with bids for the project set to open later this year or early 2018, according to Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) office.
The 280-billion-baht (US$8.42 billion) project forms part of the plan to develop the country’s Eastern Economic Corridor (EEC), which covers 30,000 rai (48 sq km) in the eastern provinces of Rayong, Chonburi and Chachoengsao, reported Bangkok Post.
The project will be operated under the public-private partnership (PPP) model, with private firms investing 200 billion baht to build the train and other infrastructure, said Sangsubhan.
The government's contribution of 80 billion baht will focus on the Makkasan terminal and other facilities in adjacent areas of Bangkok, he added.
Transport fees are expected to range from 300 baht to 500 baht per trip.
The EEC Committee is also fast-tracking the legislative process for other business regulations under the EEC Act, according to Sangsubhan.