Wednesday, September 5, 2007

SRT stunned by Suvarnabhumi tunnel cost

The State of Railway's board of directors has recently instructed the management to reassess the construction cost of the underground rail tunnel at Suvarnabhumi Airport, which is the end of the Airport Rail Link project.



Siva Sangmanee, chairman of the SRT, said the board is concerned with the huge cost. The SRT formerly set the budget at Bt500 million for the tunnel with 200-300 metres in length. However, the tunnel is much bigger than planned, with the total length of 800 metres, and it costs totally Bt4 billion.

Airports of Thailand carried out the construction on behalf of SRT prior to the airport's opening. It has also paid for the construction costs in advance.

"We have expressed our concerns on the cost and have coordinated with AOT. The construction contract would be examined as SRT has never known of the details. Now, we are considering on the payment issue, but have not yet decided when to pay the amount to AOT," Siva said.

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