Thailand approves $5.2bn for delayed China rail project

Thailand approves $  5.2bn for delayed China rail projectThailand’s military government on Tuesday approved $ 5.2 billion to build the first stretch of a high-speed railway that will ultimately link Bangkok to southern China, a massive joint infrastructure project with Beijing that has been dogged by delays. 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. “The Cabinet has approved phase one of the high speed railway… from Bangkok to Korat with 179 billion baht ($ 5.2 billion) budget for a four-year plan,” said Kobsak Pootrakool from the Prime Minister’s office.

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