The World Bank has urged the Thai government to hold an open bidding for the Thai-Chinese high-speed railway project linking Bangkok and Nakhon Ratchasima to ensure transparency. An open bidding process will optimise the country’s benefits and allow the government to compare costs and technology to be used by bidders.
While the Thai-Chinese railway project’s bidding may not be open since it is an urgent issue, the government should at least require that the terms of reference (TOR) be transparent, World Bank’s representative said.
The 252.5-kilometre Thai-Chinese rail track is valued at 179 billion baht (4.7 billion euros). The rail project is part of China’s “One Belt, One Road” project allowing cross-border development and connectivity among Asian countries, Africa, China and Europe.
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