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

  • Go-ahead for new Forth Road Bridge
    March 1, 2012
    Scottish MPs have voted overwhelmingly in favour of a replacement for the Forth Road Bridge that will protect a vital link in the strategic transport network.
    Read More
  • India’s US$1.7 billion Mumbai Coastal Highway
    March 18, 2024
    India’s US$1.7 billion Mumbai Coastal Highway inaugurated
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • US DOTs in critical funding battle
    February 9, 2012
    In the US, state DOTs are preparing for the upcoming reauthorisation battle in a tough economic and political climate. Set to expire by the end of the year, the bill is a critical funding source for many transportation projects in the US. However transportation officials in the US are facing a tough battle as the political and economic climate has changed considerably since the last reauthorisation was passed, shortly after President Obama's inauguration in January 2009. Since then, the recession has contin
    Read More

Highlighted Content