Deal Announcements

  • Weerawong C&P represented the Government of Thailand, Office of the Eastern Economic Corridor in the public-private partnership agreement to develop the THB 220,000 million high-speed rail project linking Suvarnabhumi, Don Mueang and U-tapao airports
  • Weerawong C&P represented the Government of Thailand, Office of the Eastern Economic Corridor in the public-private partnership (PPP) agreement to develop the THB 220,000 million (USD 7.2 billion) high-speed rail project linking Suvarnabhumi, Don Mueang and U-tapao airports.

    Weerawong C&P played a major role in the project, including negotiating and leading the drafting of the concession agreement, as well as presenting key concession agreement terms to the EEC Policy Committee chaired by Prime Minister Prayut Chan-o-cha.
     
    The high-speed rail link is the biggest PPP concession project in Thailand and the first concession granted on a high-speed train project. The main private sector project operators include Charoen Pokphand Group (CP), Italian-Thai Development Public Company Limited (ITD), China Railway Construction Corporation Limited (CRCC), CH. Karnchang Public Company Limited (CK) and Bangkok Express and Metro Public Company Limited (BEM).

    This is the cornerstone project of the EEC and, when implemented, the EEC will be developed as a major hub for trade and investment in order to develop Thailand’s economy under the ‘Thailand 4.0’ initiative.
     
    The agreement was signed at Government House on 24 October 2019 and witnessed by Prime Minister Prayut Chan-o-cha, Deputy Prime Minister Mr. Anutin Charnvirakul, Minister of Transport Mr. Saksiam Chidchob and Ministry of Interior Gen. Anupong Paochinda.

    The Weerawong C&P team was led by:

    Weerawong Chittmittrapap, Senior Partner, Jirapat Thammavaranucupt, Senior Associate
    and associates Nalin Thirapratheep, Phoorithut Thepauksorn, Vijit Suthisripok, Arnut Pongprueksa, Prachaya Apibansri, Praewa Wang-ngam and Sukritta Panutrakul, as well as the PPP Legal Assistants and Translation Team.
     

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