Airport link deal release imminent
The draft terms of reference (TOR) for 220km high-speed train project connecting three airports is expected to be finalised before mid-April after some small issues are decided, according to Transport Inspector-General and Acting Governor of State Railway of Thailand Anon Luangboriboon.
Based on the draft TOR, the private sector would invest about Bt120 billion in the infrastructure and the government would share the cost of the Bt220-billion project which would connect Don Mueang, Suvarnabhumi and U-Tapao international airports, he said. In the future, if the private sector generated higher-than-expected income from the high-speed train, Airport Rail Link and transit-oriented developments, it would be required to share profits with the government, he said. Minor TOR issues, such as guarantees for decision-making, remained to be agreed, he said.
