Logo of Phnom Penh Post newspaper Phnom Penh Post - SRT launches project for East-West corridor railway in Thailand

SRT launches project for East-West corridor railway in Thailand

SRT launches project for East-West corridor railway in Thailand

The State Railway of Thailand (SRT) has hired consultants to produce a study for the 96.7 billion baht ($3.1 billion) rail project to link Tak’s Mae Sot and Nakhon Sawan, with a deadline of next year.

The project is the first section in a planned East-West Economic Corridor double-track route, which will support transportation links to neighbouring Cambodia, Myanmar, Laos and Vietnam.

The SRT board on Thursday approved the appointment of Tesco Co, Chulalongkorn University and Design Concept Co with a budget of 161 million baht, said SRT governor Niruj Maneepun.

The joint team has been given 360 days to conduct the study, design details, and environmental impacts assessment (EIA) for the new 256km railway linking Mae Sot, Kamphaeng Phet and Nakhon Sawan.

After that, an investment model and budget for construction will be finalised.

The SRT will requisition land to build the new route, which will support transportation from the border along the East-West Corridor to the planned Nakhon Sawan-Ban Phai and Ban Phai-Nakhon Phanom rail lines, said Niruj.

The green light for the project study marked an important starting point for east-west railway, since construction of the route from Nakhon Sawan to Ban Phai in Khon Kaen was still being studied for feasibility, he added.

The East-West railway is divided into three sections – a 250km stretch from Tak to Nakhon Sawan, 291km from Nakhon Sawan to Ban Phai, and a 355km route to Nakhon Phanom.

The SRT Board acknowledged the commercial development model for a mixed-use rail hub in Bangkok.

An area of 52ha will house an exhibition centre and SRT employee housing, with the private joint investor granted a 50-year concession to manage the site, divided into four years for construction and 46 years of management.

Niruj said: “The consultant estimates the net present value [NPV] of the project is 16.8 billion baht.

“SRT’s board has acknowledged the concept but will wait for the establishment of an asset management company before forwarding it to the Cabinet for approval.”

THE NATION (THAILAND)/ASIA NEWS NETWORK

MOST VIEWED

  • Massive stingrays may live in Mekong’s deep pools

    US scientists have suggested that unexplored deep pools in the Mekong River in an area of Stung Treng could potentially be home to significant populations of giant freshwater stingrays, one of the world’s largest freshwater fish species. This comes as a fisherman hooked a 180

  • CCC team off on US business trip

    The Kingdom’s leading economists and private sector representatives have called on the US to renew its tax preferential status for Cambodian exports, as a Cambodia Chamber of Commerce (CCC) delegation departed for a weeklong business visit to the US, where they will meet with

  • PM takes time to meet, greet Cambodians living in the US

    After landing in the US ahead of the ASEAN-US Special Summit, Prime Minister Hun Sen was received by over 1,000 Cambodian-Americans including political analysts who welcomed him with greetings, fist bumps and selfies. Hun Sen also met with analyst Mak Hoeun, who had allegedly spoken ill

  • PM heads to Washington for ASEAN-US special summit

    Regional and international issues and how to bring the ASEAN-US partnership to another level will be discussed at length as Prime Minister Hun Sen and his ministers arrive in Washington, DC, for a special summit on May 12-13. During the trip, Hun Sen and ASEAN

  • National Assembly refutes EU resolution

    The National Assembly (NA) has hit back at a European Parliament resolution condemning the political and human rights situation in Cambodia, calling it another display of the Parliament’s “double standards”. Key points of the resolution include a warning that the Parliament could exclude the

  • Soaring global fuel prices: an opportunity for Cambodia?

    Cambodia is feeling the squeeze from the soaring global coal and oil prices. Electricity du Cambodge (EDC)would certainly be hurting from this reality, and most likely re-assessing its plans to add more coal power stations. EDC buys half of Cambodia’s electricity from plants