Railway deal soon

Saturday, 16 June, 2012, 10:32am

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HWA Kay Thai Holdings expects to soon obtain preliminary agreement for a build-operate-transfer project for a 16-kilometre elevated urban railway in Wuhan.

The railway, which will serve up to 500,000 commuters daily, is intended to have two branches - a nine-kilometre stretch running along the former Beijing-Kowloon railway line and linked to a second seven-kilometre line crossing the Yangtze River and Lake Shahu in Wuchang.

Hwa Kay Thai's managing director Edward Chow said the Wuhan Transit Corp would use the same technology and techniques as those by sister company Tanayong Co in Bangkok.

Mr Chow said the cost would be similar at about US$1.3 billion.

Tanayong has a contract to build a 23 km elevated network in Bangkok.