Thai-Chinese high-speed railway boost economy World

Thai-Chinese high-speed railway boost economy

The Thai-Chinese high-speed railway from Bangkok to Nakhon Ratchasima will act as a major spur to the economy, Thai Prime Minister Prayut Chan-o-cha said on October 28. He made the affirmation while presiding over a ceremony at Government House to sign a contract worth 50.63 billion THB (1.62 billion USD) for the Bangkok-Nakhon Ratchasima section of the route.

Russia’s UVZ looks to enter Vietnam market

Russian machine building company Uralvagonzavod (UVZ) has proposed establishing a joint venture company in Vietnam to manufacture approximately 2,000 train carriages of various kinds annually.