The government will select just one firm from all bidders to run four high-speed train lines, probably by the third quarter of the year, Transport Minister Chadchat Sittipunt said on Wednesday.
The minister said bids will cover trains and their signal systems. Bidding on civil work will follow, he added.
Train manufacturers from China, Japan, Spain, South Korea and France have so far shown interest in building and running high-speed trains. There are high-speed trains in all five countries.
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