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.
