Today, InvestMaN is here to provide our readers with the updates on the progress of the upcoming Mega transportation project – the High Speed Rail Project Connecting three Airports. Our team continues to keep a close watch on the news regarding the project to stay up-to-date.
After the official announcement of the high-speed rail project which would connect Don Mueang Airport – Suvarnabhumi Airport – Utapao Airport through train stations with the locations of each station specified as below.
- Chachoengsao Station
- Chonburi Station
- Sriracha Station
- Pattaya Station
- Utapao Station
- Rayong Station
However recently, CP Group, the main joint venture partner of the Railway of Thailand, has released a press release informing of some changes in details of the project – the shifting locations where some stations are to be built upon. The new locations have not been officially identified as of yet. At the moment, Chachoengsao, Pattaya and Sriracha stations are the three names mentioned as subject of location changes. Nevertheless, InvestMaN expects the relocations are unlikely to stray too far away from the original locations as identified. We will have to wait for the official to disclose the information.
Without any doubt, these changes will affect the area subjects for expropriation as well as people residing in the expropriation zones. The developers continue to reaffirm the progression of the project which is going according to plan. Once the exact location of the displaced stations have been determined, InvestMaN will continue to conduct surveys and analyze for the investment potential on lands surrounding each station which are expected to have significant growth in values, suitable for investors who are interested in acquiring property for long-term gain of the capital.
InvestMaN will keep you updated on this project which is currently a national hot topic.
Credit to news and information sources: Prachachat