Thailand, China agree high-speed rail plan
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Thailand and China have agreed on the framework of the joint high-speed rail project that will link the two countries. According to Thai media reports, a memorandum of understanding (MoU) is expected to be signed in April confirming the deal, which will be see the creation of a 51% Thai-owned joint venture company. This project consists of five main lines connecting Bangkok with Chiang Mai, Ubon Ratchathani, Padang Besar, Chachoengsao and Nong Khai. From Nong Khai, on the Thai-Laos border, trains will connect to Vientiane and then on to Kunming, in China’s Yunnan province. Services are expected to launch in 2015.
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