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Thailand resisting falling into rail debt trap
Despite Thailand’s vow to rely on domestic funding as it expands its network of high-speed railways, it could soon accept the offer of a low-interest loan from the Export-Import Bank of China (CEXIM), raising concerns about whether the country is on the verge of falling ...
Thailand on track to develop into regional rail hub
Thailand is in the midst of an ambitious railway development drive aimed at weaning the country away from autos to more eco-friendly train transportation while transforming into a regional rail hub.The government will spend more than $25 billion to build a high-speed rail network, of ...
HIROSHI KOTANI