Business

High Speed Rail Deal Bidding ahead for 2014

International bidding for Thailand ‘s procurement of high-speed trains to carry passengers and cargoes will likely be held in Q-3 of Y 2014, according to Thai Transport Minister Chatchart Sitthipun.

Published

8 years ago

November 12, 2013

Kanya Wattanaporn

The bidding by various foreign firms to win the Thai high-speed train project would likely be held from Q-3 of next year until Y 2017 while the construction of the railways and the procurement of those trains are scheduled to be completed within Y 2020, the minister said on Friday.

For the time being, environmental impact assessments are yet to be finished, regarding the planned routes for the high-speed trains with a main station in Bangkok.

Thailand ‘s procurement of high-speed trains to carry passengers and cargoes will likely be held in Q-3 of Y 2014

Those routes include Bangkok – Pitsanuloak, which will be extended to Chiang Mai City, viewed as the country’s northern logistical hub and tourist destination hub;

Bangkok – Nakorn Ratchasima, which will be extended to Nong Khai province, viewed as a gateway to the Lao capital of Vientiane;

Bangkok – Rayong, the country’s eastern seaboard industrial hub and deep-sea port;

Bangkok – Hua Hin, viewed as a flourishing tourist destination and gateway to the southern region.

No matter who finally win the bidding for the high-speed trains, all the railways running through those provinces will apply the same operational systems, according to the transport minister.

Chatchart said he will leave for Kunming city in southern China some time next month to discuss the US$4.9-B high-speed rail project with senior Chinese government officials. He did not go into details.

Chatchart said the Thai and Chinese governments might probably agree to dealing in some barter trade between Chinese high-speed trains and Thai farm goods such as rice and rubber. He did not elaborate.

He confirmed that the Chinese have planned to run high-speed trains laden with tourists and merchandise from Kunming to Nong Khai, across the international Mekong River from Vientiane.

via Thailand: High Speed Rail Deal – Live Trading News.

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