SRPP NEWS l 27 July 2022
Bangkok Bank Public Company Limited granted Charoen Pokphand Holding Company Limited a Baht 3,980,000,000 credit facility for its investment in Asia Era One Company Limited, in the form of equity injection to develop the high speed train project linking three major airports in Thailand i.e., Don Mueang International Airport, Suvarnabhumi International Airport, and U-Tapao International Airport. This high speed train project is one of the Thai government's public private partnership fast track infrastructure projects designed to improve the economic foundation of Thailand by transitioning it into a high technology economy. Asia Era One Company Limited is the special purpose vehicle established to develop this project in accordance to the concession agreement with the State Railway of Thailand comprising of Charoen Pokphand Holding Company Limited, China Railway Construction Corporation Limited (CRCC), CH. Karnchang PLC. and Bangkok Expressway and Metro PLC. (BEM), and Italian-Thai Development PLC.
The transaction is supervised by Passawan Navanithikul (Founding Partner) and Viparvee Chaemchaeng (Associate).
You may check out Passawan's bio here.
You may check out Viparvee's bio here.