Bangkok congestion costs business for Thailand

A new study from Bangkok’s Kasikorn Research Centre reveals the extent to which the notorious traffic congestion of Thailand’s capital city costs the country’s economy. And the problem is getting worse. Research reveals that drivers in Bangkok spend 35 minutes longer in in traffic jams during 2016 than they did in 2015. According to the research, vehicle commuters saw an increase in costs of some US$172 million due to additional fuel use while stalled in congestion. This has a negative impact on business of
September 15, 2016 Read time: 1 min
Bangkok’s traffic jams are getting progressively worse according to research
A new study from Bangkok’s Kasikorn Research Centre reveals the extent to which the notorious traffic congestion of Thailand’s capital city costs the country’s economy. And the problem is getting worse. Research reveals that drivers in Bangkok spend 35 minutes longer in in traffic jams during 2016 than they did in 2015. According to the research, vehicle commuters saw an increase in costs of some US$172 million due to additional fuel use while stalled in congestion. This has a negative impact on business of close to $316 million, according to the research. The report suggests that far greater investment is required in transport infrastructure, both by developing new road links and expanding public transit, so as to tackle the city’s jams.

Related Content

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
    Read More
  • Safety barriers improve highway safety
    July 3, 2012
    Highway safety could yet improve using available technology more widely Safety barriers still offer huge opportunities to improve accident statistics worldwide. There is a wide array of products on the market to suit all types of installation and with a diverse range of solutions for each application. Highway authorities have been installing barriers for many years now and the technology continues to improve, however an analysis of accident statistics shows that barriers offer further potential. Details fr
    Read More
  • Transport impact of concern in Europe
    April 26, 2012
    The latest research shows that emissions of many pollutants from transport fell in 2009. But this reduction may only be a temporary effect of the economic downturn, according to the latest annual report on transport emissions from the European Environment Agency (EEA). The Transport and Environment Reporting Mechanism (TERM) reveals the environmental impact of transport. For the first time, the report considers a comprehensive set of quantitative targets proposed by the European Commission’s 2011 roadmap on
    Read More

Highlighted Content