AFTER A LONG DELAY, the Sino-Thai high-speed railroad scheme looks set to shift into gear by year-end with Thailand funding all of the civil engineering work.
The Cabinet Tuesday gave the nod to a framework of cooperation between the Thai and Chinese governments to develop high-speed railways from Map Ta Phut to Nong Khai and Bangkok to Kaeng Khoi.
“We came up with latest conclusion that the county will invest in all of the project’s construction,” said Kobsak Phutrakul, a vice minister at the PM’s Office.
The Bangkok-Nakhon Ratchasima route would be developed in the first phase and its extension in the future.
The railway project will feature dual 1.435-metre gauge tracks and span 837 kilometres in total.
Bangkok and Beijing had set a timeframe to sign the agreement of cooperation on development of the project by Tuesday or Wednesday.
The Bangkok-Kaeng Khoi route will run about 250km and require about Bt170 billion-Bt190 billion of investment.
Under the agreement, Thailand would retain ownership rights for the entire project.