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Thai Cabinet approves Bt100 billion hi-speed rail construction plan

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Thailand’s business ministers meeting approved an investment plan to build a high-speed railway with a Bt100 billion budget for four main routes linking the Thai capital to the country’s four regions.

According to Deputy Prime Minister, Korbsak Sabhavasu, four routes will depart from Bangkok to the northern province of Chiang Mai (745km), to Nong Khai on the Mekong River in the northeast (615km), to the eastern province of Chanthaburi (330km), and to Padang Besar on the Thai-Malaysian border in Thailand’s southern province of Songkhla (985km).

Mr Korbsak said Prime Minister Abhisit Vejjajiva insisted to first build the short eastern route, for it would take less time to execute the work than constructing a long route to begin with.

Read More on this News :  Cabinet approves Bt100 billion hi-speed rail construction plan.

China

Bangkok 7th World Most connected city to China

Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.

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While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)

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Thailand’s Special Economic Zones (SEZ) and new opportunity connected

The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment

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With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
(more…)

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