HIGH SPEED TRAIN TO PATTAYA
On Thursday 24. October a contract was signed to build the long awaited High Speed Train from Bangkok to Pattaya and further on to U-Tapao Airport. Back in October 2010, the Thai Parliament approved initial proposals for a high-speed (HSWR) network. Five lines capable of handling 250 km/hour speeds would radiate from Bangkok. More than 100,000 jobs would be created and the economy would be boosted when the new high-speed train link three major airports. A Charoen Pokphand (CP) Group led consortium signed the contract with State Railway of Thailand (SRT). CP Group CEO Suphachai Chearavanont represented the consortium at the signing at Government House, and acting SRT governor Worawut Mala signed the deal on behalf of the SRT. The cost of the project will be 224 billion baht, and it will connect Don Muang and Suvarnabhumi airports with the U-Tapao airport near Sattahip. The total distance is 220 kilometers. The project is believed to stimulate foreign investment in this region and is indeed very good news for Pattaya.