Thailand Approves Kunming-Singapore Rail Line

Thailand Approves Kunming-Singapore Rail Line – Forbes, October 27, 2014
Rail lines running north from Bangkok to Chiang Mai have become so decrepit that derailments occur regularly. But plans to upgrade are also sidetracked with high frequency. So Asian transportation experts, and railway buffs everywhere, were surprised by the Thai military government’s sudden approval in July of a $23 billion plan to upgrade and expand rail lines and other infrastructure. Included were two lines that could revolutionize the region’s freight service, linking ports around Bangkok and in Singapore with China and onward to Europe…

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One Response to Thailand Approves Kunming-Singapore Rail Line

  1. Wiz says:

    China to build dual-track railway
    The Nation October 30, 2014 1:00 am

    China has agreed in principle to build a dual-track railway linking Laos to Nong Khai and Bangkok, a source revealed yesterday.

    The agreement was reached when Deputy Prime Minister and Defence Minister General Prawit Wongsuwan met with Chinese Defence Minister Chang Wanquan in Beijing yesterday.

    Prawit, Deputy Foreign Minister Don Pramudwinai and the junta’s special envoy Somkid Jatusripitak were visiting China to introduce themselves.

    They also met Chinese state councillor Wang Yong during the visit.

    Under the agreement, China will build a new standard gauge (1.435 metre) double-track railway line. The new track is broader than the single-track currently used in Thailand.

    Beijing has agreed to a barter transaction besides offering a soft loan for the project, according to the source who accompanied the Thai delegation.

    Thailand would repay the investment cost to China with exports of rice and rubber, while the soft loan would be repaid as per the terms, he said.

    The agreement would be confirmed officially when Prime Minister Prayut Chan-o-cha visits China in November for the Asia-Pacific Economic Cooperation Summit, the source said.

    Meanwhile, in a separate deal, China has agreed to buy 1.7 million tonnes of new rice and 1 million tonnes of old rice.
    http://www.nationmultimedia.com/business/China-to-build-dual-track-railway-30246567.html

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