Currency THB
  • 繁中
  • Country Hong Kong

    Thai-Chinese high-speed rail project boosts Thai economy

    Chinese buyers are among the top investors in Thailand’s property market. Besides drawing in attention to its property market, Bangkok has additionally attracted a high number of foreign direct investments from China.

    As a symbol of the long-term Thai-Chinese friendship, the Thai-Chinese high-speed rail project will not only foster local economic development of Thailand but also promote people-to-people exchanges of the two sides, said Thai Transport Minister Arkhom Termpittayapaisith.

    Arkhom Termpittayapaisith made the above remark on a forum jointly organized by Thai-Chinese Journalists Association and China Economic Information Service (CEIS) of Xinhua News Agency in Bangkok on Wednesday.

    The project, which is being steadily advanced, will shift people’s lifestyles and bring prosperity to areas along the route by driving the development of industries like accommodation, car rental and catering, noted him.

    It has also boosted technical exchanges between Thai engineers and Chinese personnel and deepened the friendship between the two countries, he added.

    The infrastructure interconnection between China and Thailand will be conducive to Thailand’s foreign investment attraction and export of agricultural products, broadening its driving role in the ASEAN countries, remarked Chinese Ambassador to Thailand Lv Jian who also attended the forum.

    The interests of the two sides are deeply connected and there is still huge potential for bilateral cooperation to be tapped by China and Thailand, highlighted Lv.

    source: Xinhua News