BANGKOK (Bloomberg): A city famous for traffic jams is looking to solve its congestion and pollution woes by building a massive train station and overhauling its rail network.
Bangkok, a capital choked by daily gridlock and seasonal toxic haze, is at the centre of plans for Thailand’s biggest rail development project that will make travel by train possible to China and Singapore, and will connect most major Thai cities to Bangkok and its expanding transit systems.
"It will be good for the country’s economy and environment over the long term, ” said Somprawin Manprasert, chief economist at Bank of Ayudhya Pcl.Thailand’s rail ambition serves not only as a tool to reduce fossil fuel use but also to boost the struggling economy, overhaul its dated train system and tame its currency.
The development will double the state passenger rail’s capacity and triple the freight capacity through track doubling. It’s expected to serve more than 22 million commercial passengers annually after the upgrade, and transport more than 30 million tonnes of commodities. "Investing in the rail system is necessary for economic development, ” said Pavida Pananond, an associate professor at Thammasat Business School’s Department of International Business, Logistics and Transport.
However, high-speed rails will not see enough demand for at least a decade, and the government still needs to develop suitable feeder systems for Bangkok transit to increase usage, he said.
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