China railway wagon

China Securities Network News July 1, the date coincided with the Jubilee of the 40th anniversary of the establishment of diplomatic ties, Sino-Thai railway cooperation fifth meeting fruitful. China-Thailand railway chief negotiator, National Development and Reform Commission deputy director Wang Xiaotao 1 day, said the railway project negotiations Thai cooperation has made concrete progress, the two sides agree on the feasibility study, financing framework program and a series of training programs and other issues consensus and results.

July 2, according to Xinhua reported that the Thai Transport Minister Bazin on the reporter conference held after the meeting,  railway wagon said the two sides have made great progress in the talks, the two sides on the line as well as the operation and feasibility studies in Thailand railway depth discussion.

Bazin expressed appreciation and gratitude for China's pragmatic and efficient work, the two sides agreed to accelerate the feasibility study and set up a special team to start contract negotiations EPC (EPC), in order to facilitate the construction of the project started on schedule.

Thailand at this meeting formally proposed that after the completion of the railway project, the joint venture of the Thai railways in operation and maintenance and management. Meanwhile, the Thai proposal for the railway project, the two sides in the joint venture is also part of the system. The Chinese side said it would in the course of the feasibility study on the above-mentioned requirements put forward by the Thai side to give in-depth analysis, and maintain communication with the Thai side.

According to reports, the two sides of railway project financing framework program consultations, both sides agreed that the completion of the feasibility study report is an important prerequisite and basis for determining the amount of the loan and the conditions. Financing of programs and projects for the protection match the actual demand, the two sides agreed to further determine the loan amount, terms and conditions in the completion of the feasibility study report.

The two sides will agree to sign an inter-governmental framework agreement railway cooperation project, and pay close attention to consultations for the early signing of the framework agreement. The two sides agreed that the railway will be held the sixth meeting of the Joint Commission in Xi'an, China on August 6-8.

Ba Jin also said that although the two countries signed a memorandum of cooperation in the railway, but the basic is to reach a memorandum of intent macro. Therefore the Chinese side hopes to sign inter-governmental framework agreement between China and Thailand, to develop a more detailed agreement on specific issues, the overall planning of railway cooperation, investment and so on. Bazin said, is expected to be settled by the end of August this year, Sino-Thai railway cooperation between government framework agreement, Thailand will seek the approval of the Privy Council in early September to submit, a result is expected to sign a framework agreement in mid-September.

July 1, to attend the fifth meeting of the representatives of both parties to reach a consensus and Thailand, in order to ensure railway projects under construction in October of this year, the two sides inverted time, to develop a detailed work plan. The two sides will continue to maintain close communication, and jointly promote related work, to prepare for the project started on schedule.

According to unnamed officials involved in the negotiations said that the first phase of Canton Gui - Bangkok 133 km railway has completed a feasibility study, the first in October is expected to start this year, will be operational by the end of 2017.

According to the site in the negotiations show Thailand Thai Ministry of Transportation made in railway plans, the entire rail construction is divided into four stages: the first stage is 133 kilometers Hom Gui - Bangkok; the second stage, 246-kilometer ridge Gui - Mata Bo, the third stage of 138 kilometers of Nakhon Ratchasima - Cam Gui, the fourth stage of 355 kilometers of Nakhon Ratchasima - Nong Khai line.

July 1, to attend the fifth meeting of the representatives of both parties  railway wagon to reach a consensus and Thailand, in order to ensure railway projects under construction in October of this year, the two sides inverted time, to develop a detailed work plan. The two sides will continue to maintain close communication, and jointly promote related work, to prepare for the project started on schedule.