TRANSFORMATION OF ASEAN ECONOMY: ASSESSING THE IMPACT OF EMERGING TRANSPORTATION TECHNOLOGIES AND CHINA'S INITIATIVES"
Abstract
The rail infrastructure in ASEAN nations, marked by significant diversities in governance systems, economies, transportation capacities, and developmental phases, currently stands outdated and underdeveloped. Urgent action is imperative to establish an extensive railway network that seamlessly connects domestic regions with international markets. The maturation of high-speed rail technology has emerged as a pivotal enabler for China's railway expansion abroad. This technological advancement not only furnishes the fundamental technical support for China's railway ventures but also delivers substantial enhancements to transportation capabilities in regions beset by antiquated rail infrastructure