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

  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • US$1.3 billion for Thai road project
    October 8, 2024
    US$1.3 billion will be invested for a key Thai road project.
    Read More
  • Crossing the Alps for five decades
    March 24, 2020
    Italy’s A22 Autostrada route is a key transport connection for Europe and also a model for efficient operational management
    Read More
  • Guangdong’s US$16.36bn for new build transport infrastructure
    January 9, 2014
    China's Guangdong province will invest US$16.36 billion (CNY 99 billion) in transport infrastructure construction projects during 2014. Of the total, $11.46 billion (CNY 70 billion) will be set aside for construction of expressways. Another $2.27 billion (CNY 13.9 billion) will be used to build local roads, while $1.31 billion (CNY 8 billion) will go towards construction of national and provincial highways. In 2014, eight new expressway projects measuring 938km in total will begin in Guangdong. They inclu
    Read More

Highlighted Content