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Wednesday, May 8, 2024

Santi favours updated railway contract

Acting head of the State Railway of Thailand Worawut Mala, left, and Charoen Pokphand Group CEO Suphachai Chearavanont shake hands with signed contracts for the high-speed train linking three airports at Government House on Oct 24, 2019. Prime Minister Prayut Chan-o-cha witnessed the signing. (Photo: Chanat Katanyu)

Deputy Finance Minister Santi Promphat supports revising the contract for the high-speed railway linking three airports to take into account the impact from Covid-19 outbreaks on the bid winner, a Charoen Pokphand (CP) Group-led consortium.

Mr Santi said the pandemic was unexpected and affected the global economy, including Thailand.

The government should be flexible when dealing with investors who maintain their…

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