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Search Result for “elevated+highway”

Showing 1 - 6 of 6

BUSINESS

MRTA set to splurge on electric rail, new tollways

News, Thodsapol Hongtong, Published on 16/12/2019

» The government is committed to spend about 640 billion baht next year on major public transport projects, including new electric rail routes in Bangkok, Phuket, Chiang Mai and Nakhon Ratchasima, says the Mass Rapid Transit Authority of Thailand (MRTA).

BUSINESS

New legal bid to stop Hopewell payout

News, Thodsapol Hongtong, Published on 28/10/2019

» The Transport Ministry is confident the evidence it submitted which highlighted 20 irregularities in a railway project that was scrapped two decades ago will spare it from having to pay the hefty compensation to Hopewell as ordered by the Supreme Court.

BUSINESS

Hopewell agrees to talk after legal threat

News, Thodsapol Hongtong, Published on 19/10/2019

» The Transport Ministry on Friday decided not to ask the Administrative Court to investigate shareholdings in the Hong Kong-based Hopewell after the company made a last-minute offer to negotiate hefty financial compensation owed by the Thai government.

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BUSINESS

Ministry seeks reversal of compensation to Hopewell

News, Thodsapol Hongtong, Published on 16/10/2019

» The Transport Ministry is seeking to reverse the Supreme Administrative Court's ruling ordering it and the State Railway of Thailand (SRT) to pay hefty financial compensation to Hopewell (Thailand) Co.

BUSINESS

Rail body seeks cut in B37bn payout bill

News, Thodsapol Hongtong, Published on 10/10/2019

» The State Railway of Thailand (SRT) will pay the entire 11.88 billion baht in compensation to Hopewell Holdings, as ordered by the Supreme Administrative Court, but will negotiate for a reduction in the interest payment, Transport Minister Saksayam Chidchob said on Wednesday.

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BUSINESS

Saksayam seeks to strike BEM deal

News, Thodsapol Hongtong, Published on 08/09/2019

» Transport Minister Saksayam Chidchob will seek the cabinet's approval for a mandate to solve the 137-billion-baht dispute involving the expressway authority and one of its concessionaires.