South Korea keen to invest in Thailand's dual-track project

[webfact]

South Korea keen to invest in dual-track project



BANGKOK: -- South Korea is keen to invest in Thailand’s infrastructure projects especially the 1.435-meter standard gauge dual-track railway construction, according to Transport Minister ACM Prajin Juntong.

The interest was revealed after the minister met his Korean counterpart Mr Suh Seoung-hwan, the Minister of Land, Infrastructure, and Transport, yesterday.

ACM Prajin said South Korea was interested in infrastructure projects and offered its expertise to Thailand as it has solid experience in the construction of high-speed railways, running at both 160 kilometers per hour and at 300 kilometers per hour.

He said he would order transport officials to send information about the railway construction project to the South Korean Embassy in Thailand within the next two or three days.

The Korean minister has suggested a meeting between the ministers of both countries next month.

Korea also invites Thai delegates from the Transport Ministry and the State Railway of Thailand to visit South Korea during April and May 2015, he added.

Source: http://englishnews.thaipbs.or.th/south-korea-keen-invest-dual-track-project

-- Thai PBS 2015-01-06

[chotthee]

I think the Korean is either too late, or forgot to pay a deposit.

The contract is already in the hand of the Chinese, since Supthep went to sign the MOU (during Mark's time).

Edited January 6, 2015 by chotthee

[khwaibah]

Lets see. China has the big one Nong khai to Bangkok&Rayong. Japanese is getting Mukdahan to Tak. Throw them a bone and give them Korat to Ubon.

[NongKhaiKid]

I think the Korean is either too late, or forgot to pay a deposit.

The contract is already in the hand of the Chinese, since Supthep went to sign the MOU (during Mark's time).

The BP website has a story that Sth. Korea is irked by the fact that the contract has been handed to the Chinese.

[ChrisY1]

Lets see. China has the big one Nong khai to Bangkok&Rayong. Japanese is getting Mukdahan to Tak. Throw them a bone and give them Korat to Ubon.

You can see where this is going if this were to happen....Chinese components..Korean components and Japanese components......it would be a debacle......!

[sup3r1or]

I would rather let Japanese handle the whole project as they have incredible expertise specially in seismic active areas. Chinese trains derailed twice already at high speeds, not something you would want to take chances here considering 13 derailments Thailand had in the last year.

[yellowboat]

Having more investors to underwrite the cost of such a project is not unheard of. When you work in China, you rely on trains; inexpensive, timely and comfortable usually.

[Loles]

The South-Koreans may keen on their knees until they got paint but this railway will be organized by the CFER (Chinese Fake Expert Republic).

If you would like to laugh in tears please copy to your google this link:

http://izismile.com/2009/07/31/chinese_fake_brands_57_pics.html

Edited January 6, 2015 by Loles

[Lupatria]

By reading the daily news of countries that have nothing better in mind than to invest in corrupt system where transparency is restricted to shop windows, I wonder if there is any country left refusing to do so. However, if it is Nigeria, then it's for a good reason.