Thai companies contend with govt pressure in big-ticket projects

Officials not shy about leaning on private sector to score political goals

20191105 thai high-speed rail linking

Prime Minister Prayut Chan-o-cha, center, back row, presides over the signing ceremony for a huge high-speed rail project on Oct. 24.

YOHEI MURAMATSU, Nikkei staff writer

BANGKOK -- Thai Deputy Prime Minister Anutin Charnvirakul's patience was at its limit. Negotiations over a 224.5 billion baht ($7.43 billion) high-speed railway had dragged on nearly a year past schedule.

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