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Thailand Approves $5.5 Billion Bullet Train Project

Thailand Approves $5.5 Billion Bullet Train Project

China has received the first overseas order to export its bullet train technology as Thailand approved a US $5.5 billion high-speed railway project aimed at linking Bangkok with southern China.

Construction has already begun in Laos but the Thai segment of rail has been stymied for years by tussles over financing, loan terms and protective labor regulations in Thailand, China's state-run television CNTN has reported.

The high-speed railway is set to start operations in 2021.

The Thai order is a breakthrough of sorts for the Chinese multi-billion high-speed train technology as China's attempts to export the bullet train technology were bogged down due to political issues, finance or stiff competition from Japan.

China is also trying to get the New Delhi-Chennai route for the high-speed train and started a feasibility study for it.

China has already built a massive network of bullet trains connecting most of its cities. It has the world's longest railway network, 22,000 kilometers by the end of 2016, about 60 per cent of the total. network.

Souce : NDTV.com

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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