ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Japan says Thai bullet train to cost nearly $13bn

Economic benefits may not outweigh financial burden for Bangkok

The Thai bullet train line between Bangkok and Chiang Mai would be slightly shorter than the Tokyo-Aomori route through northeastern Japan.

BANGKOK -- Japan estimates that construction of a shinkansen-style bullet train would cost the Thai government 420 billion baht ($12.9 billion), a price Bangkok may not be willing to pay.

Japan's State Minister of Transport Takao Makino handed a report to Thai Transport Minister Arkhom Termpittayapaisith on Thursday for a 670km bullet train running from Bangkok to Chiang Mai, estimating the project's profitability and economic impact on surrounding areas. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more