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

  • US$1 billion to improve US road safety
    September 26, 2024
    A budget of US$1 billion will help to improve US road safety.
    Read More
  • Saudi Arabia planning major highway projects
    April 6, 2021
    Saudi Arabia is planning to build a series of major highway projects.
    Read More
  • Fiat Industrial achieves 6.2% revenues growth in 2012
    February 1, 2013
    Fiat Industrial achieved a 6.2% rise in revenues and trading profit in excess of US$2.71 billion (€2bn) during 2012 – an increase of 23.3% over 2011. Revenues in 2012 totalled €25.8 billion, as continued robust growth for agricultural equipment is said to have more than compensated for weaker trading conditions in other businesses. Trading profit was €2,079 million, up €393 million over 2011, with trading margin improving 1.2% to 8.1% on the back of what Fiat Industrial said was continued strong performance
    Read More
  • Life DYNAMAP: real-time mapping of road infrastructure noise
    October 15, 2015
    The world’s best road infrastructure project can also have the world’s worst traffic noise problem. But where to start defeating this noise pollution? Road traffic noise is one of the most obvious aspects affecting the quality of life in urban areas. To combat this, local, national and international authorities have developed initiatives to avoid, prevent or reduce exposure to noise. One of these initiatives – Life DYNAMAP – is underway by a group of researchers in Germany, Spain and Italy. The project is f
    Read More

Highlighted Content