Thailand approves $5.5 bn bullet train project with China
China has received the first overseas order to export its bullet train technology as Thailand approved a USD 5.5 billion high-speed railway project aimed at linking Bangkok with southern China. The project is part of China’s huge regional infrastructure plan to build a high-speed rail network connecting the southern city of Kunming with Laos, Thailand, Malaysia and Singapore.
Construction has already begun in Laos but the Thai segment of rail has been stymied for years by tussles over financing, loan terms and protective labour regulations in Thailand, China’s state-run television CNTN has reported. The high-speed railway is set to start operations in 2021.
The Thai order is a breakthrough of sorts for the Chinese multibillion high speed train technology as China’s attempts to export the bullet train technology were bogged down due to political issues, finance or stiff competition from Japan. China is also trying to get the New Delhi-Chennai route for the high-speed train and started feasibility study for it.
Beijing was upset after India’s first bullet train route was bagged by Japan which is currently building Mumbai- Ahmedabad bullet train to operate its Shinkansen bullet trains. China has already built a massive network of bullet trains connecting most of its cities.
It has the world’s longest railway network, 22,000 kilometres by the end of 2016, about 60 per cent of the total network.
News Source: PTI
You might also like
ASSOCHAM recognises Clarks Inn as the “Best Hospitality Management Company”
Clarks Inn Group of Hotels has been recognised as the “Best Hospitality Management Company” at the ASSOCHAM’s Tourism & Hospitality Awards 2018. The award was bestowed during the ‘National Conference
Valentine’s Day Special at Le Cirque Signature
Love is in the air and Valentine’s Day gives you the perfect excuse to pamper your loved one. Le Cirque Signature at The Leela Mumbai promises to sweeten your revelry
Over 7,000 items help to get your British Airways flight in the skies
As the summer holidays reach full swing British Airways has released data revealing exactly what, and who, is on one of the airline’s 850 flights a day. A Boeing 747 is loaded
