Northeastern Thailand, a region with one-third of Thailand's land area that contains about one-third of the country's population, contributes only one 10th of the Kingdom's GDP, said Huang, adding that the poor transportation results in its sluggish development.
According to Huang, there are about 4,507 km of meter gauge lines in Thailand, of which 90 percent is still single track. There are also problems with old equipment, poor management and maintenance, and low speed.
As a result, the annual volume of railway freight is less than a 10th of the total transport volume. It is estimated that the cost of land transport is six times that of rail. Since rail does not offer an alternative, the logistics costs in Thailand are higher than those in other countries.
The China-Thailand high-speed railway project will help upgrade Thailand's railway system. It is foreseeable that the railway will bring wide-reaching connectivity in the country while reducing logistic costs, and thus make Thailand ASEAN's (Association of Southeast Asian Nations) trade and investment center, as well as a transport and logistics hub.
The China-Thailand railway will be finally connected with the China-Lao railway, thus using Chinese technology, which has been widely recognized across the world, will make it more accessible in the connectivity plan, said the expert.
The project is a genuine joint contribution of the two countries, which is also an achievement in bilateral cooperation under the Belt and Road Initiative, said Huang.
【国内英语资讯:Interview: China-Thailand high-speed railway upgrades Thailands transport system: expert】相关文章:
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