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

  • Wacker Neuson Group confident for 2016 despite a difficult start
    May 13, 2016
    During the first quarter of 2016, international light and compact equipment manufacturer Wacker Neuson continued to feel the impact of difficult conditions across many of its markets, in particular in the Americas region. Although the group managed to maintain revenue at almost the same level as the record-breaking prior-year quarter, it reported lower profit figures for the period. Company management confirmed its forecast for fiscal 2016. Group revenue for the first quarter of 2016 amounted to €316.
    Read More
  • Turning the construction industry green
    May 12, 2023
    Green is good for industry – delivering sustainability can also help reduce costs for construction firms, ensuring better financial performance
    Read More
  • Kenya to boost road safety with tough traffic enforcement
    December 3, 2012
    Road safety in Kenya looks set to improve following the introduction of tough new traffic laws. The much tougher penalties now in effect include the maximum sentence of a life term for causing death instead of the previous 10 years. Meanwhile driving while under the influence of alcohol or drugs will result in fines of up to US$5,750 or a prison term of up to 10 years, or both. The fine for driving under the influence was previously just $172. The fines for speeding or driving on the pavement have been incr
    Read More
  • Brazil Tamoio highway and São Sebastião tunnel work
    July 5, 2016
    Brazil’s Tamoio Highway and São Sebastião tunnel construction is of major importance – Mauro Nogarin reports. The modernisation and expansion of Brazil’s Tamoio highway is a major project for Brazil. The project has an estimated cost of $1.5 billion and work on the first section from Planalto was completed in January 2014, costing around $350 million. The project is being managed by the state-owned agency DERSA, which deals with road development. According to the concessionaire for the Tamoios highway p
    Read More

Highlighted Content