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.

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