Govt slow to share facts of high-speed rail | Bangkok Post: opinion

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Govt slow to share facts of high-speed rail

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I couldn't agree more with the Bangkok Post reader who said investment bankers might already be counting how much they stand to earn from the estimated 3.16 billion baht in interest on the 2.2-trillion-baht loan the government intends taking out. 

The government intends securing the loan from foreign and local banks and other financial institutes to overhaul the transport system over the next seven years.

The loan would be repaid over 50 years, minus the first seven-year debt-servicing grace period.

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