Thailand and China to join hands in double track railway project

[webfact]

Thailand and China to join hands in double track railway project

BANGKOK, 14 November 2014 (NNT) – The Transport Ministry has planned to address about the railway link project between Thailand and China on the November 18 cabinet meeting.

The move came after Prime Minister Prayut Chan-o-cha and the Chinese leader met and talked about the rail link extension projects of their countries during the APEC meeting. China has planned to build a new railway from the Silk Road to the ASEAN region, while Thailand has planned to build new railways to link the country with its neighboring nations.

According to Transport Minister Prachin Chantong, both governments have agreed to construct new double track railways interconnecting three routes together, which are namely the Nongkhai- Nakhon Ratchasima-Kaengkoi route, the Kaeng Koi-Bangkok route, and the Kaeng Koi-Chonburi- Map Ta Phut route.

A committee will be established to undertake the negotiations and the study of routes, which are expected to begin in 2015. The construction is expected to start in 2016. The Thai delegates will travel to China in December to sign the MOU of the project with Beijing. The agreement will take effect in 2016 and the project will require a budget of 400 billion baht.

PM Office Spokesperson Yongyuth Mayalarp, meanwhile, disclosed that Japan was also interested in helping develop the country’s railway system and would discuss the possibilities in the near future.


-- NNT 2014-11-14

[zydeco]

Chinese transparency and honesty coupled with Thai efficiency. A marriage made in hell.

[ALLSEEINGEYE]

will the Chinese actually get paid for their part in this, or will they have to seize aircraft as they land in China to hold until payment is made?

[Suradit69]

Chinese transparency and honesty coupled with Thai efficiency. A marriage made in hell.

I find it amusing that westerners pontificate about China's supposed lack of economic transparency while at the same time almost weekly discoveries are made of Forex, LIBOR and metals market collusion and fraud & misconduct in London markets; violations of fiduciary responsibilities at major brokerages and exchanges; criminal negligence amongst rating agencies like S&P, Moodys & Fitch; wholesale fraud in mortgage back securities perpetrated at banks & on Wall Street,and of course all the Ponzi schemes orchestrated beneath the nose of the American Securities and Exchange Commission.

[bluebluewater]

And for extra fun why don't the Chinese insist that the former Hopewell project be part of this project?

[Robby nz]

Work has already started on a rail link between Lao and Vietnam which will go from Savannakhet to Vientiane then on to Vietnam so this rail project will be able to link into that with a bridge at Nong Khai, a quick and efficient way to get produce to Lao and onward.

No doubt China will have plans to link into this system from China and sometime in the future it can service the whole of mainland ASEAN.

But of course those who can never see any good in anything will continue their slanging off.

[bangrak]

Chinese transparency and honesty coupled with Thai efficiency. A marriage made in hell.

I find it amusing that westerners pontificate about China's supposed lack of economic transparency while at the same time almost weekly discoveries are made of Forex, LIBOR and metals market collusion and fraud & misconduct in London markets; violations of fiduciary responsibilities at major brokerages and exchanges; criminal negligence amongst rating agencies like S&P, Moodys & Fitch; wholesale fraud in mortgage back securities perpetrated at banks & on Wall Street,and of course all the Ponzi schemes orchestrated beneath the nose of the American Securities and Exchange Commission.

My guess is 'zydeco' wrote about States, not about the private companies and institutes you write in your opinion, about those you are, more than right, IMO, not to forget the Thai banks and funds of wealthy Thais which play in the same games..., as for China and Thailand IMO what 'zydeco' writes is totally right, and actually way too soft in his wording, about both countries!

P.S.: Would you be Thai...Chinese, maybe?

Edited November 14, 2014 by bangrak

[maidee]

do they mean

china pays for it

thailand politicians can enrich themselves a lot more ?

[nong38]

Need to sort out the guage which should be "standard" and the standard of workmanship required, its a grand scheme that will need to be monitored continously, lets hope for the best, Thailand desperately needs a good, safe, reliable railway system.

[Ulic]

Chinese transparency and honesty coupled with Thai efficiency. A marriage made in hell.

I find it amusing that westerners pontificate about China's supposed lack of economic transparency while at the same time almost weekly discoveries are made of Forex, LIBOR and metals market collusion and fraud & misconduct in London markets; violations of fiduciary responsibilities at major brokerages and exchanges; criminal negligence amongst rating agencies like S&P, Moodys & Fitch; wholesale fraud in mortgage back securities perpetrated at banks & on Wall Street,and of course all the Ponzi schemes orchestrated beneath the nose of the American Securities and Exchange Commission.

All countries have corruption. In the USA you have Wall Street, political payoffs are done through lobby groups and superpacs, the police have

forfeiture laws that allow them to keep 80% of the monies confiscated and nobody is even charged with a crime let alone convicted. (3 billion

dollars and climbing) In Canada most of the corruption is at the municipal and provincially level were building and maintenance contracts are

awarded to mafia connected groups. Canadian businesses (SNC Lavalin) made huge payments to the Gaddafi clan in Libya, for building

contracts and when a Canadian businessman was convicted and jailed in Cuba for bribing government officials he claimed he had done nothing

wrong as that is the way business is done there. Of course that does not mean we should not try to stamp corruption out. In the US they change

the laws to make the corruption legal through the lobby groups. In Africa the UN helps cover it up or risk loosing there cushy jobs and expense

accounts. That is just the way the world works. Pick on the low hanging fruit, Thailand, African countries, South American countries etc.

[bheard]

I hope they are not still holding hands on the actual building job. Just let the Chinese get on with it. Please.