Loans for high-speed rail urged

A high-ranking transport official has dismissed the possibility that the government will be able to pay for the high-speed railway project with rice.

Since the government has huge stocks of pledged rice that it has received from farmers and which it is now having problems selling, Chula Sukmanop, director-general of the Office of Transport and Traffic Policy and Planning, said it may not be possible to barter the rice for the high-speed railway project.

The government should seek loans to pay for the railway, because that would enable it to select suitable technology for the high-speed trains, he said in Phitsanulok on Tuesday.

Mr Chula was visiting the province to open the first public hearing on the Phitsanulok-Chiang Mai high-speed railway section.

It is the second phase of the Bangkok-Chiang Mai high-speed railway plan. The session drew about 200 people from Phitsanulok and the nearby provinces of Sukhothai and Uttaradit.

Mr Chula said the design and public hearings on the first phase of the project, which will cost an estimated 240 billion baht, from Bangkok to Phitsanulok, are completed and the environmental impact assessment is underway.

The 147-billion-baht second phase is currently being designed.

Phitsanulok will be a major station for the project and there are three optional routes from Phitsanulok to Chiang Mai.

The first route runs along the existing northern railway track but the construction will be difficult and costly because it involves going around and through mountains, which requires building tunnels and bridges.

The second proposed route runs mostly along the existing rail tracks but deviates slightly to pass near the centre of Phrae province.

The third proposed route will be a new line running through Si Satchanalai district of Sukhothai and Lampang.

Mr Chula said he supports the high-speed railway development.

He noted the cost of such projects are rather high, the equivalent of about four years' worth of the road building budget.

Also, the rail projects may not be finished on schedule as Thailand has not improved its railway system for a long time.

The government plans to spend 2.2 trillion baht to develop transport systems but the spending needs approval from the next government following the House dissolution late last year.

The transport planning director-general said that if the 2-trillion-baht borrowing plan to fund the train development is turned down, the government should find money through other methods to pay for transport projects.

There are 54 projects under the 2.2-trillion-baht transport scheme, Mr Chula said the first phase of the high-speed railway from Bangkok to Phitsanulok, which he considered to be highly feasible, should get immediate priority.

He also gave an assurance the high-speed railway projects on three other routes would proceed.

They are from Bangkok to Nong Khai, Prachuap Khiri Khan (Hua Hin district) and Rayong provinces.

Share your thoughts

Discussion 1 : 12/02/2014 at 10:36 AM
The double track train system should be built first, and is supported by everyone, as Thailand needs new transport train modernization, not a show-off high speed train system that benefits no one, except those receiving their share of the estimated 30%+ graft and corruption payments. Of course they want cash, and not some hair-brained rice for trains scheme.
Discussion 2 : 12/02/2014 at 09:16 AM
Even Europe, with it's very long history of working with trains, is finding the high speed trains unprofitable. No way will this be profitable here. Another waste of money and area for massive corruption. Get what you have now working. Then start planning for new technologies.
Discussion 3 : 12/02/2014 at 08:30 AM
The Shinawatra Regime is big on "borrowing" from others. Now they are on "borrowed time".
Discussion 4 : 12/02/2014 at 07:20 AM
What Thai or foreigner is going to be able to afford this farce ? They can barely operate the trains they have already. This is corruption at its finest.
Discussion 5 : 12/02/2014 at 07:17 AM
This government shouldn’t get a loan for anything anymore. They obviously are completely incompetent and just waste the money. We need honest professional to administer this country – more or less the opposite of what we have now.
Discussion 6 : 12/02/2014 at 07:14 AM
The farmers are on the verge of ruin, and so there goes the potential passengers for the proposed insane high-speed rail!
Discussion 7 : 12/02/2014 at 06:22 AM
Sounds like the man who wanted to trade chickens for fighter jets is back with another plan.

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