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

  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports
    Read More
  • Balfour Beatty still bullish about 2021 results
    May 14, 2021
    However, the group’s most impacted business in Q1 remained UK construction where strong public sector infrastructure projects continue to be offset by the private sector market.
    Read More
  • Kenya’s $4.82bn transport investment
    June 14, 2012
    The Kenyan government is planning to invest US$4.82billion in a major multi-modal infrastructure project to reduce Nairobi’s traffic congestion. The Nairobi Metropolitan Mass Rapid Transport System (MRTS) will include a new rail transport network, and a public road of 167km linking the city with key neighbouring towns and municipalities such as Athi River, Kikuyu, Kajiado, Kitengela, Limuru, Machakos, Ruiru and Thika. The MRTS project will be managed by Nairobi Metropolitan Transport Authority and the gov
    Read More
  • Brazil’s Parana state continues with infrastructure investment
    January 8, 2015
    The Brazilian state government of Parana has spent around US$1.73 billion on infrastructure projects over the past four years, including roads, railways, airports, ports and public buildings. According to Jose Richa Filho, the state’s infrastructure secretary, more investments will be made by local partners and through international financing. Around $3.63 million for road works between 2015 and 2018 with fund coming from partnerships with Votorantim and Klabin. Votorantim Group is one of the largest
    Read More

Highlighted Content