Connect with us

Investment

Thailand has plans for high-speed railway network

Plans to develop a high-speed rail system in Thailand are gathering pace, with a series of routes being considered as part of a programme to boost passenger and freight services and better integrate the transport network with the rest of the region.

Published

on

high speed train China

Plans to develop a high-speed rail system in Thailand are gathering pace, with a series of routes being considered as part of a programme to boost passenger and freight services and better integrate the transport network with the rest of the region.
Various proposals to develop a high-speed rail system have been raised since the mid-1990s, with one of the first suggestions a line linking Bangkok to Nakhon Ratchasima in the north-east. None got past the design stage.

However, in November last year economic ministers revived the proposal, and this time it is seen as having a greater chance of leaving the station.

high speed railway

Though nowhere near the 160 to 250 km an hour being mooted by supporters of the high-speed rail project, even this upgrade would be a significant improvement in Thailand’s ability to move people and freight in a timely manner.

A feasibility study by the Office of Transport and Traffic Policy and Planning (OTTP) on four proposed routes is to be completed by August and submitted to the government. A 220-km link between Bangkok and the eastern province of Rayong is the first being considered for construction.

The three other routes that the government is studying are Bangkok to Padang Besar on the Thai-Malaysian border; Bangkok-Nong Khai in the north-east; and Bangkok-Chiang Mai. If all lines were to be built they would cover some 2000 km, adding 50% to the length of the existing rail network and allowing travel from Bangkok to any district in the country in less than five hours.

Read the rest of the article on http://www.oxfordbusinessgroup.com/

This programme was given a boost last year through the Thai Khem Khaeng infrastructure programme, a $43.4bn scheme launched in 2009 to stimulate the then flagging economy and bolster the country’s medium-term economic competitiveness.

Spending of around $5.2bn was approved by the cabinet to upgrade the existing rail network, with $4.6bn to be used for track doubling and the balance for new rolling stock. With the planned upgrades, set to be completed within five years, it is expected that speeds on mainline tracks will double to around 120 km per hour.

Click to comment

Leave a Reply

Companies

Thailand BOI Approves Measures to Support Carbon Reduction

greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development

Published

on

logomain

The Thailand Board of Investment (BOI) approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General of the BOI, announced today.

(more…)
Continue Reading

Investment

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.

Published

on

In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.

(more…)
Continue Reading