High-speed rail (HSR) has become a significant catalyst for regional economic development and integration, particularly under initiatives such as China’s Belt and Road Initiative (BRI). This research investigates the development prospects of Nong Khai Province, Thailand, in terms of border trade facilitated by the Sino-Thai high-speed railway, drawing lessons from the impact of HSR on Yunnan Province, China. The study employs the Analytic Hierarchy Process (AHP) to prioritize key factors influencing border trade development based on insights from experts and senior executives in relevant public and private sector agencies. The findings reveal that infrastructural connectivity is the most critical factor, specifically emphasizing linking transportation systems through rail and land, improving public transport links, and developing digital infrastructure. Reduction of trade restrictions, mainly through streamlined customs procedures and tax reduction measures, is identified as the second most important factor. Human connectivity, including fast passport issuance and enhanced cultural exchanges, ranks third. Financial support mechanisms and policies promoting regional cooperation are also essential for maximizing the benefits of the high-speed rail project. By addressing these factors, Nong Khai Province can effectively leverage the opportunities presented by the Sino-Thai high-speed railway, fostering sustainable economic growth, and enhancing its role as a key player in regional trade. The study provides actionable insights and strategic recommendations for policymakers and stakeholders to optimize the economic potential of Nong Khai through improved connectivity and integration.
Published in | International Journal of Transportation Engineering and Technology (Volume 10, Issue 4) |
DOI | 10.11648/j.ijtet.20241004.11 |
Page(s) | 66-87 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Sino-Thai High-Speed Railway, Nong Khai Province, Yunnan Province, Analytic Hierarchy Process
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APA Style
Kamnoi, P. (2024). What Is Prospects for Nong Khai Province Through Sino-Thai High-Speed Railway: Lessons Learned from Yunnan. International Journal of Transportation Engineering and Technology, 10(4), 66-87. https://doi.org/10.11648/j.ijtet.20241004.11
ACS Style
Kamnoi, P. What Is Prospects for Nong Khai Province Through Sino-Thai High-Speed Railway: Lessons Learned from Yunnan. Int. J. Transp. Eng. Technol. 2024, 10(4), 66-87. doi: 10.11648/j.ijtet.20241004.11
AMA Style
Kamnoi P. What Is Prospects for Nong Khai Province Through Sino-Thai High-Speed Railway: Lessons Learned from Yunnan. Int J Transp Eng Technol. 2024;10(4):66-87. doi: 10.11648/j.ijtet.20241004.11
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TY - JOUR T1 - What Is Prospects for Nong Khai Province Through Sino-Thai High-Speed Railway: Lessons Learned from Yunnan AU - Pongsathorn Kamnoi Y1 - 2024/11/13 PY - 2024 N1 - https://doi.org/10.11648/j.ijtet.20241004.11 DO - 10.11648/j.ijtet.20241004.11 T2 - International Journal of Transportation Engineering and Technology JF - International Journal of Transportation Engineering and Technology JO - International Journal of Transportation Engineering and Technology SP - 66 EP - 87 PB - Science Publishing Group SN - 2575-1751 UR - https://doi.org/10.11648/j.ijtet.20241004.11 AB - High-speed rail (HSR) has become a significant catalyst for regional economic development and integration, particularly under initiatives such as China’s Belt and Road Initiative (BRI). This research investigates the development prospects of Nong Khai Province, Thailand, in terms of border trade facilitated by the Sino-Thai high-speed railway, drawing lessons from the impact of HSR on Yunnan Province, China. The study employs the Analytic Hierarchy Process (AHP) to prioritize key factors influencing border trade development based on insights from experts and senior executives in relevant public and private sector agencies. The findings reveal that infrastructural connectivity is the most critical factor, specifically emphasizing linking transportation systems through rail and land, improving public transport links, and developing digital infrastructure. Reduction of trade restrictions, mainly through streamlined customs procedures and tax reduction measures, is identified as the second most important factor. Human connectivity, including fast passport issuance and enhanced cultural exchanges, ranks third. Financial support mechanisms and policies promoting regional cooperation are also essential for maximizing the benefits of the high-speed rail project. By addressing these factors, Nong Khai Province can effectively leverage the opportunities presented by the Sino-Thai high-speed railway, fostering sustainable economic growth, and enhancing its role as a key player in regional trade. The study provides actionable insights and strategic recommendations for policymakers and stakeholders to optimize the economic potential of Nong Khai through improved connectivity and integration. VL - 10 IS - 4 ER -