Thailand's $7bn rail project draws 31 local and foreign bidders

Companies likely to form joint ventures for Eastern Economic Corridor link

20180710 u-tapao

Workers build a road in front of U-Tapao airport, south of Pattaya City in the Eastern Economic Corridor. (Photo by Takaki Kashiwabara)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- Thirty-one companies from Thailand and abroad have expressed interest in bidding for the right to build the country's first high-speed railway, which will link three major airports.

"This shows that the high-speed train project is much-awaited ... [and] has interested many Thai and foreign companies. I am surprised there are some Asian companies joining the bidding, particularly from South Korea and Malaysia," said Pairin Chuchotethavorn, Thailand's deputy minister of transport.

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