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

  • DORR to build first suspension bridge in Samut Prakan, Thailand in 2016
    February 25, 2013
    In 2016, Thai Department of Rural Roads (DORR) is going to start the US$1.64 billion (THB 49bn) 36-month construction of Thailand's first suspension bridge between Samut Prakan's Muang-Phra Samut Chedi districts. According to Deputy Transport Minister, Prasert Chanruangthong, the suspension bridge will span 1km across the Chao Phraya River. Upon completion, the new bridge is anticipated to ease traffic woes in Samut Prakan by 20%. The bridge project is progressing to the detailed design and environmental im
    Read More
  • €2.27bn UK road investment in 2014 to support over 9,500 construction jobs
    November 11, 2013
    Over 9,500 construction jobs will be supported in 2014 by more than €2.27 billion (£1.9 billion) of investment in Britain’s roads, Transport Minister Robert Goodwill announced today. The total investment in 209 schemes is €5.15 billion (£4.3 billion), with the €2.27 billion to be spent in 2014 more than twice the amount being spent this year. Due to either start or be completed in 2014, these road programmes are estimated to boost the economy by over €22.52 billion (£18.8 billion) and are part of a €119.8
    Read More
  • New bridge project to boost Myanmar-Thailand cross-border connectivity
    June 4, 2015
    The tender process is being planned for the Myanmar-Korea Friendship Bridge, which will connect Myanmar’s commercial centre Yangon to Dala Township. Over $137 million in loans have been pledged by the Korean Economic Development Cooperation Fund to develop the 1.87km long suspension bridge. The tender process will be international and the work is due for completion by 2020. In all the project is expected to cost in the region of $168 million.
    Read More
  • Nigeria’s FEC approve road works valued at US$768.43 million
    August 22, 2013
    Nigeria’s Federal Executive Council (FEC) has approved reconstruction deals for the five main economic arterial roads worth US$768.43 million (NGN 123.8 billion). A $92.1 million (NGN 14.99 billion) deal will see Julius Berger carry out the Apapa-Oshodi expressway section 2, phase II reconstruction has also been approved. The project is targeted for completion in 15 months. Kopek Construction has secured a $45.1 million (NGN 7.34 billion) deal to complete the Akure to Ilesha road in 21. Triacta Nigeria
    Read More

Highlighted Content