The Thai Transport Ministry has agreed to cap the cost of the Bangkok-Nakhon Ratchasima high-speed train project at 179 billion baht (EUR 4.6 bn) after prolonged discussions with the Chinese representatives on the final figure.
“The cost will certainly not be greater than 179 billion baht”, Transport Minister Arkhom Termpittayapaisit said, although the exact figure has not been established. Both sides still need to settle two issues: spending on a feasibility study and future expenses related to training courses for Thai staff. The Chinese side will calculate these costs and present them to the Thai officials for consideration, the minister said.
Both countries have agreed that the construction of the first 3.5km section of the rail track should begin in September. This section will connect the Klang Dong and Pang Asok areas in Nakhon Ratchasima’s Pak Chong district.
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