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Monday, April 29, 2024

Rail link poses unique challenges

Rail link poses unique challenges

The China-Laos railroad is a ‘game changer’ for the regional economy which Thailand can’t afford to miss, writes Cherdchai Chaivaivid, director-general of International Economic Affairs Department, Ministry of Foreign Affairs

The opening of the China-Laos Railway last December marked a key milestone for business exchange between Asean and China. Much has been said about how the project could help strengthen the economic presence of Thailand in the region, China’s western provinces and the Belt-and Road networks, and propel regional economic development.

As well as bridging so-called missing transport links and facilitating cross-border business, the policy discourse has not yet focused on its long term impacts to Thailand’s competitiveness, despite the rail project being a…

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