Bangkok, Feb. 5 -- The Thai Cabinet on February 4 approved the second phase of the Thailand-China high-speed train project, which is worth 341.35 billion THB (10.04 billion USD).

As reported by the Bangkok Post, the line would link up with the Bangkok-Nakhon Ratchasima first phase now under construction, allowing for fast travel from the Thai capital to China's Yunnan via Laos where a high-speed line is already operating.

As of last month, construction of the first-phase section was about 36% complete, several years behind schedule.

Thai Transport Minister Suriya Jungrungreangkit said last week that the ministry expects to call bids for the 357-kilometre second phase this year, with construction to be completed by 2030.

The approval o...