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

  • Mexican highway projects underway
    July 16, 2015
    The Mexico’s Secretariat of Communications and Transport (SCT) has confirmed that a total of 1,474 road infrastructure contracts were granted in the first half of 2015. This work is costing in the region of US$1.02 billion. A total of 74% of these contracts were awarded to Mexican companies, whilst 26% corresponded to foreign firms. SCT informed that 31 projects were concluded so far in 2015 and added that 12 additional initiatives were expected to be completed by the end of the year.
    Read More
  • New US toll road regulation criticised
    April 10, 2012
    High road toll increases bring threat of new regulation in US - *Bob Poole reports. Large toll rate increases have been implemented recently by the Port Authority of New York and New Jersey, justified in part to help pay for its World Trade Center project. In response, a bill was introduced in Congress that would allow the Secretary of Transportation to regulate tolls on every bridge on the country's Interstates and other federally aided highways.
    Read More
  • Road tolling is vital for good roads
    January 2, 2024
    Upcoming transportation projects are outlined in planning documents throughout America by Mary Scott Nabers
    Read More
  • Earthquake-hit Christchurch, NZ needs US$1.53bn for roads and pipes rebuild
    May 13, 2014
    The Stronger Christchurch Infrastructure Rebuild Team (Scirt) in New Zealand says it will cost US$1.53 (NZD 1.77bn) to repair roads and underground pipes in Christchurch damaged by the February 2011 earthquake. However, it only has funding of $1.17 billion (NZD 1.36 billion) and cancellation of some projects is necessary in order to reduce costs by 30%. Scirt has already spent $1.34 billion (NZD 1.56 billion) to repair broken pipes and roads in Christchurch. Raj Manji, the Christchurch city council's financ
    Read More

Highlighted Content