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

  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More
  • India’s US$230 million, access controlled road project
    November 14, 2024
    A new tolled ring road project for India is worth US$230 million.
    Read More
  • Vietnam’s massive transport investment programme planned
    April 20, 2017
    Vietnam is setting out plans for a massive programme of infrastructure investment. International investment is being sought, with many of the projects being planned under the PPP model. Transport will be placed as a top priority, with a budget of US$400 billion having been discussed as Vietnam’s transport spending target for the next 10 years. One of the biggest projects will be for the construction of a new highway connecting Vietnam’s two main cities, Ho Chi Minh City and Hanoi. The two cities are some 1,
    Read More
  • Motoring groups critical over plans for Britain’s second toll motorway
    April 3, 2013
    Motoring groups have criticised plans to launch Britain’s second toll motorway as part of a multi-billion euro road –building programme to kick-start the economy. The Treasury is expected to guarantee the €1.18 billion (£1bn) borrowing costs for the Welsh government to pay for the construction of the new 14-mile M4 relief road in South Wales. The money for the dual carriageway, which will run between junctions 23 and 29 of the M4 and aims to reduce bottlenecks at the Byrnglas Tunnels near Newport, is then l
    Read More

Highlighted Content