Bids Sought for $5.5 Billion Thailand to China High-Speed Rail
- Total cost for first phase of the project is 180 billion baht
- Contract part of wider plan for rail line from Bangkok to Laos
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Thailand will seek bids in the fourth-quarter for a 180 billion baht ($5.5 billion) high-speed rail project that’s part of a wider plan for a train network to China.
The bidder will build the first half of the network in Thailand, Minister of Transport Arkhom Termpittayapaisith said in an interview Thursday. His ministry expects to receive detailed designs this month from China, its partner for the project, before approving them in August to kick start the bidding process for the 253-kilometer (157-mile) route.