On October 28, 2020, the Government of the People’s Republic of China and the Government of the Kingdom of Thailand held a contract signing ceremony for the Nong Khai High-Speed Railway (“HSR”) Development for Regional Connectivity (Section 1 Bangkok – Nakhon Ratchasima) Contract 2-3: Trackwork, Electrical and Mechanical (E&M) system, EMU, and Training Contract. The signing ceremony was attended by Thai and Chinese officials, including Thai Prime Minister and Defense Minister General Prayut Chan-o-cha, Minister of Transportation Saksayam Chidchob and Yang Xin, Chargé d’affaires of the Chinese Embassy in Thailand.
Kudun and Partners provided legal advice to Export-Import Bank of China, Tianjin Branch for the project. The assignment was led by our partner and Head of China Practice, Mayuree Sapsutthiporn, senior associate, Peerasanti Somritutai and associate, Chavisa Jinanarong.
The Bangkok-Nongkhai HSR is part of Thailand’s portion of the Trans-Asian Railway Central Line, from Nongkhai, the northern part of Thailand, to the capital city of Bangkok. The first phase of the project is 253 kilometers long and connects Bangkok to Nakhon Ratchasima in the northeastern part of Thailand. In the future, it will be connected by the China-Laos railway to form a railway corridor from Kunming to Bangkok.