The State Railway of Thailand has sued Asia Era One, the CP-led consortium, in the Central Administrative Court for 13.3 billion baht, including 2.66 billion baht interest on an unpaid 10.67 billion baht co-investment fee due by Oct 2021. It also demanded 1 billion baht each from Bangkok Bank and SCB under their guarantees. The 220km three-airport high-speed rail has stalled for years, with start now projected for 2031-32. For a small business, there is no direct action: the project is not expected to break ground soon, so plan around the Eastern Economic Corridor as a long-term, not near-term, driver.
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