Illustrative photo (Photo: chinadaily.com.cn) Bangkok (VNA) – The Thailand-Chinarailway project will give priority to hiring Thai workers as up to 75 percentof its budget or about 136 billion THB will be used for the work, according to Thailand’sTransport Ministry Permanent Secretary Chatchai Thipsunawee.
He was cited by local media on June 19 assaying that the remaining 25 percent or about 43,000 million TBH will be usedto employ Chinese personnel.
The official affirmed that both Thailand and China will benefit from technologytransfer and knowledge exchanges in the project.
Earlier, Thai Prime Minister Prayut Chan-ochaused Article 11 of the Constitution to override obstacles to the250km high-speed railway linking Bangkok and Nakhon Ratchasima, which willbe further extended to Nong Khai on the Thailand-Laos border.
In another development, President of theEngineering Institute of Thailand (EIT) Thanet Veerasiri said the instituteagreed in principle with the Government’s wish to speed up the project incooperation with the Chinese Government, but has reservations over some aspectsof the deal.
Thailand’s Finance Ministry forecast that thecountry’s GDP will expand by 4 percent in 2017 thanks to improved economicconditions.
Earlier, the figure is expected at 3.6 percentand would reach 4 percent if public investments, especially five railwayprojects are implemented and consumption stimulate package for low-incomeearners proves effective. -VNA
He was cited by local media on June 19 assaying that the remaining 25 percent or about 43,000 million TBH will be usedto employ Chinese personnel.
The official affirmed that both Thailand and China will benefit from technologytransfer and knowledge exchanges in the project.
Earlier, Thai Prime Minister Prayut Chan-ochaused Article 11 of the Constitution to override obstacles to the250km high-speed railway linking Bangkok and Nakhon Ratchasima, which willbe further extended to Nong Khai on the Thailand-Laos border.
In another development, President of theEngineering Institute of Thailand (EIT) Thanet Veerasiri said the instituteagreed in principle with the Government’s wish to speed up the project incooperation with the Chinese Government, but has reservations over some aspectsof the deal.
Thailand’s Finance Ministry forecast that thecountry’s GDP will expand by 4 percent in 2017 thanks to improved economicconditions.
Earlier, the figure is expected at 3.6 percentand would reach 4 percent if public investments, especially five railwayprojects are implemented and consumption stimulate package for low-incomeearners proves effective. -VNA
VNA
