ID :
153242
Mon, 12/13/2010 - 13:18
Auther :

China urges for Thai parliament’s quick approval of high-speed train MOU

BANGKOK, Dec 13(TNA)- China has urged for Thailand parliament’s quick approval for the memorandum of understanding of its railway development in Thailand.
Thai Deputy Prime Minister Suthep Thaugsuban visited China and both sides agreed to speed up the project in which China will build a high-speed railway from Nong Khai province of Thailand to Padang Besar of Malaysia. The project is planned to connect with the railways of Malaysia and Singapore and China wants the Thai parliament to approve the railway project right away.
Suthep said that the project resulted from Thai Prime Minister Abhisit Vejjajiva’s assignment for him to discuss it with China on July 17 and the discussion led to an initial agreement for both countries to jointly develop the Asian railway from Nong Khai through Bangkok to the South. China then sent its working group to Thailand.
The working group and Thai authorities finished a negotiation framework for the project implementation. As the Thai parliament approved the framework, he went to China to discuss the project implementation with Chinese authorities last week.
The negotiation concludes that the Asian railway from Nong Khai through Bangkok to Padang Besar will be accelerated to connect with the railways of Malaysia and Singapore. It will be completed in four years.
Deputy premier Suthep said he was confident that after being completed the Asian railway will facilitate public transportation and economic development along the areas of the project.
Suthep added he asked China to impose the same conditions that it used with Laos in terms of the management, finance and interest rate relating to the Asian railway project.
“The Chinese government urges for the Thai parliament’s quick approval for the terms of the joint railway development project so that the memorandum of understanding of the project can be signed in late March or early April and the construction can start within next year,” the Thai deputy premier said. (TNA)

X