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Belt and Road

Thailand and China sign delayed deal on Belt and Road rail line

$1.6bn contract adds another piece to Beijing's vision for Asian network

Thai Prime Minister Prayuth Chan-ocha, top center, attends the signing ceremony for a Chinese-backed high-speed rail project. (Photo courtesy of the Office of the Prime Minister)

BANGKOK -- Thai and Chinese officials on Wednesday signed an agreement for a 50.6 billion baht ($1.62 billion) segment of a high-speed rail line, part of Beijing's Belt and Road cross-border infrastructure initiative.

The contract involving State Railway of Thailand and state-owned enterprises China Railway and China Railway Design covers part of the roughly 253 km initial stage between Bangkok and the northeastern Thai province of Nakhon Ratchasima.

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