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

  • Brazil’s road infrastructure to get part of US $ 1.36bn fund
    October 15, 2012
    Brazil’s road infrastructure is to be improved with a share of the Brazilian Bank for Economic and Social Development’s (BNDES) US $ 1.36 billion (BRL 2.76bn) investment fund for the states of Minas Gerais and Maranhao. The money will also be spent on socioeconomic projects in education, health, sanitation, and public safety.
    Read More
  • Egypt’s road programme is now restarting
    February 20, 2014
    Egypt is developing its road network – local reporting and images by Egypt correspondent Mohammed Elsayed Tantawy. Egypt is now gearing up its road construction activity, with a view to reducing congestion and improving traffic flow. The country’s main highway connecting capital Cairo with the port city of Alexandria has already seen a major widening programme, but other important routes are also now being upgraded and improved. The road development programme started in earnest some years ago but was delaye
    Read More
  • Bangkok plans to spend US$3.5bn to build mega underground tunnels
    May 24, 2013
    Thailand could emulate Malaysia's twin smart-tunnel project through its own proposed Thailand Underground Tunnelling Group (TUTG) project, with an estimated investment of US$3.5 billion. Under the TUTG propsal, two large tunnels are to be constructed in Bangkok's underground to channel the city's rainwater surplus during heavy monsoons to refill its underground reserves whose water levels are now decreasing. When there is no major flood in Bangkok, the tunnels would be transformed into an underground roadwa
    Read More
  • High number of applications for US TIGER transportation funding
    June 14, 2013
    US Transportation Secretary Ray LaHood has announced that strong demand for TIGER (Transportation Investment Generating Economic Recovery) grants is continuing. Once again the number of applications has surpassed the available funding. Applications to the US Department of Transportation for TIGER 2013 grants totalled more than US$9 billion, far exceeding the $474 million set aside for the programme. The Department received 568 applications from all 50 states, the District of Columbia, Puerto Rico, Guam and
    Read More

Highlighted Content