The State Railway of Thailand (SRT) has agreed to extend a time frame to which it had previously agreed with two other parties as attempts to negotiate and finish amending the agreement for their joint investment in the high-speed train project linking three airports drag on.
The three parties in discussion over the project linking Don Mueang, Suvarnabhumi and U-Tapao airports are the SRT, the Eastern Economic Corridor Office of Thailand (EECO) and the project's concessionaire, Asia Era One, said SRT governor Nirut Maneephan.
"The SRT's decision to extend the time frame, previously agreed in a memorandum of understanding [MoU] signed by the three sides, was made in response to Asia Era One's refusal to acknowledge a Notice to Proceed [NTP] by the SRT," said Mr Nirut.
