The new era of cross-border project dispute

Globalisation has led to boom of cross-border investment in infrastructure development. But it has also led to rising disputes about deals.

In one of the most ambitious plans in railway history, China and Thailand jointly proposed last year the construction of a high-speed railway between Bangkok and Kunming, capital of southwestern China’s Yunnan province.

The 873-kilometer railway project is the first and foremost step of developing a pan-Asia railway network connecting China and South East Asia. Upon completion, travel time between Bangkok and Kunming will be shortened by more than 75% to about six hours from 26 hours by bus.

Too good to be true Perhaps. The project hit a snag in May last year after the two governments ran into disagreements over the total cost, the construction...

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