The main contract covers the definite building outline of the task worth 1.7 billon baht, while the second includes the employing of Chinese specialized counselors, worth 3.5 billion baht.
The Thai government and Chinese state ventures marked the agreements this week, saw by Chinese President Xi Jinping and Thai Prime Minister Prayuth Chan-ocha on the sideline of a BRICS summit in China.
Development of the main period of the undertaking, a 250km rail line that will connect the Thai capital, Bangkok, and the northeastern area of Nakhon Ratchasima, will start in October. It is required to be operational in 2021, as per Anon.
"The Department of Highways will assemble the initial 3.5km of the rail line while the rest will be interested out in the open offering for Thai contractual workers, Anon told Reuters.
"The marking of these two contracts has authoritatively commenced the Thai-Chinese rapid rail venture."
The venture has been really taking shape since 2014 however was assailed with delays, held up by transactions over everything from the cost and advance terms to arrive improvement rights.
The full line will traverse 873km, connecting Thailand and Laos over the Mekong stream at the northeastern Thai city of Nong Khai.