Thai high-speed rail: A joint venture from China's state-owned enterprise received an order on October 25 at 4:17 am
Regarding the construction of a high-speed railway linking eastern Thailand's special economic zone, the coalition of Thai major companies and Chinese state-owned enterprises formally signed a contract with Thai National Railways on the 24th, and China is involved in Thailand's main infrastructure business I am strengthening.
The Thai government is promoting infrastructure development by designating three provinces in eastern Thailand as special economic zones in order to attract and nurture next-generation industries such as electric cars and aircraft. High-speed rail is a large-scale infrastructure project with construction costs of nearly 800 billion yen.
As a result of the negotiations, a coalition with the participation of Chinese state-owned enterprises led by the Thai conglomerate “Chalong Pocapan Group” will formally receive an order, and on the 24th, in the presence of Prime Minister Prayuth, The signing ceremony for the contract was held.
This route is about 220 kilometers long and aims to open in 4 years.
“The development of high-speed railways is the most important for the development of the special economic zone,” said the Secretary General of Kanit, the Special Economic Zone, and said that it would accelerate the infrastructure development and accelerate the attraction of next-generation industries.
With regard to the construction of Thailand's high-speed rail, another route connecting Bangkok and the northeastern part of China is also in the form of technical cooperation, and construction has begun from the past. Chinese companies are increasingly involved in Thailand's main infrastructure business.