Thai $6.9 Billion Rail Project to Pick Consortium by January
- Military government plans to connect three major airports
- Thai, Chinese and Japanese firms are studying project terms
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Thailand expects to select a consortium by January to build a 225 billion baht ($6.9 billion) high-speed rail link connecting three international airports, one of the largest transport projects in its history.
The agency overseeing the plan, the Eastern Economic Corridor Office, aims to make as much progress on the project as possible ahead of elections due from February next year, said its Secretary General Kanit Sangsubhan. Some 31 firms, mostly from Thailand, China and Japan, are studying the project’s terms.