[sustran] Thailand and China to Sign $4.9bn High-Speed Rail Deal in April

[Todd Edelman]

Thailand will sign a memorandum of understanding (MOU) with the Chinese 
government in April this year to co-develop a $4.89bn high-speed rail 
project.

Under the drafted MOU, the 620km high-speed railway project, linking 
Nong Kai in the north-east of Thailand with the capital Bangkok, will be 
run by a joint venture to be set up by the Thai and Chinese governments.

The Thai government will own a majority of the planned joint venture, 
which will have an initial registered capital of around THB1bn ($32.6m) 
to THB2bn ($65m).

Construction will commence next year and commercial operations are 
expected to start in 2016.

http://www.railway-technology.com/news/news110823.html

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Todd Edelman
Green Idea Factory,
a member of the OPENbike team

Mobile: ++49(0)162 814 4081

edelman at greenidea.eu
www.greenidea.eu
todd at openbike.se
www.openbike.se

Skype: toddedelman

Urbanstr. 45
10967 Berlin
Germany

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