Iran, Qatar to discuss release of $12bn in frozen Iranian assets in Doha
Iranian and Qatari delegations are expected to meet on Wednesday in Doha to discuss the release of Tehran's assets, estimated at $12 billion, that wer...
Thailand's high-speed rail link to China, part of a broader Belt and Road initiative, is set to begin in 2030, enhancing regional connectivity and logistics.
Thailand's ambitious high-speed rail project, which will connect the country to China via Laos, is expected to begin operations in 2030, according to the Thai government. This marks a nearly decade-long delay from the original timeline.
The 609-km (378 miles) segment of the rail line connecting Bangkok to Nakhon Ratchasima, located approximately 220 km away, is already more than a third complete. The full line extending to Nong Khai, at the border with Laos, is anticipated to be ready by 2030, government spokesperson Jirayu Houngsub confirmed on Wednesday.
This new rail link is part of China’s larger Belt and Road initiative, aimed at enhancing trade and infrastructure connectivity across Asia. The $6 billion, 1,000 km rail line between Laos and China, which began operations in 2021, is a key component of this strategy. The Laotian section, 70% owned by Beijing, connects Vientiane, the capital of Laos, with Kunming, a major city in southwestern China. From there, it will link up with Thailand’s rail line in Nong Khai, located just 25 km from the Laotian capital.
"This project presents Thailand with a significant opportunity to better integrate into the global economy," Jirayu Houngsub stated, adding that it would help the country achieve its goal of becoming a regional logistics hub.
The announcement comes a year after China urged Thailand to accelerate its efforts on the rail link, which has faced various delays. Talks about the rail project began nearly two decades ago, with agreements signed between Thailand and China in 2017. Initial plans called for the line to start operations in 2021, but construction has been hampered by financing disputes, design disagreements, and disruptions caused by the COVID-19 pandemic.
Thailand’s rail link is a crucial part of China's broader Belt and Road trade initiative, which includes plans for multiple routes that will connect China with countries across Southeast Asia. These plans are seen as a key component of Beijing’s efforts to enhance regional trade and transportation infrastructure.
In addition to Thailand's rail project, Vietnam is also pursuing major rail developments, including a $67 billion high-speed line linking Hanoi and Ho Chi Minh City, set to begin operations in 2035. Vietnam is also working on a $7.2 billion railway that will connect its border with China to key cities such as Hanoi, Haiphong, and Ha Long City.
As the high-speed rail projects move forward, the region is poised to see transformative changes in infrastructure, trade, and connectivity, reinforcing Southeast Asia’s growing role in global logistics and economic development.
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