US$ 67.29bn proposed for Thai roads and other infrastructure projects

A borrowing plan of US$67.29 billion (THB 2tn) for new transport infrastructure projects has been presented to Thailand's parliament. Out of the total borrowing, $8.16 billion (THB 243bn) is earmarked for road development, and a further $409.36 million (THB 12.19bn) for road checkpoint development. Main transport projects include four high-speed rail route, ten mass transit projects and dual track railways. A bill cementing the borrowing plan is set to be presented to the parliament by the end of March 2013
March 14, 2013 Read time: 1 min
A borrowing plan of US$67.29 billion (THB 2tn) for new transport infrastructure projects has been presented to Thailand's parliament.

Out of the total borrowing, $8.16 billion (THB 243bn) is earmarked for road development, and a further $409.36 million (THB 12.19bn) for road checkpoint development.

Main transport projects include four high-speed rail route, ten mass transit projects and dual track railways. A bill cementing the borrowing plan is set to be presented to the parliament by the end of March 2013.

Related Content

  • Transport networks in Thailand’s south to be improved
    May 23, 2013
    Thailand’s government plans to improve transport networks in the country’s southern region by using some of the US$67.05 billion (THB 2tn) budget allocated for infrastructure development. Moreover, several projects will be executed to improve transport networks in the region. These projects include a second bridge crossing the Kolok River; a new road that connects the districts between Ban Prakob checkpoint and Bugeta checkpoint; a project to enhance Highway No 410 connecting Betong and Bannang Sata distric
    Read More
  • US$5.26 billion earmarked for new Greater Bangkok ring roads in Thailand
    January 4, 2013
    A total of US$5.26 billion (THB 160bn) will be set aside for new ring roads covering 254kms across Greater Bangkok as part of new infrastructure investment in Thailand over the next few years. The works are among a number of key transport infrastructure projects planned after the expected approval of a draft bill from Thailand’s Fiscal Policy Office agreeing new debt of $71.95 billion (THB 2.2trn). The bill is scheduled to take effect in the year beginning October 2014. Under the proposed bill, the Finance
    Read More
  • Thailand goes big on road projects
    October 2, 2014
    Thailand’s government is planning to spend nearly US$25 billion in ten years from 2016 on overhauling Thailand’s road and rail transport infrastructure. A total of $24.74 billion (THB 800 billion) will be allocated by the Transport Ministry to the works which include developing inter-city highways, local roads and a comprehensive rail system. Work on the routes carried out by the Expressway Authority of Thailand will be included.
    Read More
  • Thai government prioritises five new roads worth US$9.27 billion by 2020
    April 24, 2013
    The Thai government has prioritised the construction of five roads worth US$9.27 billion (THB 267bn) and totalling 705km in length by 2020. Chula Sukmanop, director general for Thailand’s Office of Transport and Traffic Policy and Planning, said that three of the new roads will be financed by a loan secured by the government. The new highways being built include Bang Pa-in-Nakhon Sawan Road at a cost of $1.293 billion (THB 37.3bn) and Nakhon Pathom-Cha-am Road at a cost of $1.529 billion (THB 44.10bn). The
    Read More

Highlighted Content