China to deliver 500 new-energy buses to Thailand

Beijing, Sep 29 (IANS) Chinese bus maker BONLUCK will deliver 500 new energy buses to Thailand by the end of this year.

The gas buses were ordered by a Bangkok bus company in a $50 million deal signed in 2014, Xinhua quoted Li Han, vice general manager of CHTC BONLUCK BUS Co. as saying.

The buses are designed to carry a maximum of 100 passengers each, Li said.

The Jiangxi-based company has been exploiting new markets outside China, Li said. It signed a deal to export 100 buses to Turkmenistan earlier this year.

“We’re a beneficiary of the road and belt initiative,” Li said, adding the countries along the Silk Road have become a new focus of the company’s overseas expansion.

Proposed by Chinese President Xi Jinping in 2013, the Silk Road Economic Belt and the 21st-Century Maritime Silk Road centre around overland and maritime trade routes that once linked China with the rest of Asia and Europe.

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