US$5.26 billion earmarked for new Greater Bangkok ring roads in Thailand

A total of US$5.26 billion (THB 160bn) will be set aside for new ring roads covering 254kms across Greater Bangkok as part of new infrastructure investment in Thailand over the next few years. The works are among a number of key transport infrastructure projects planned after the expected approval of a draft bill from Thailand’s Fiscal Policy Office agreeing new debt of $71.95 billion (THB 2.2trn). The bill is scheduled to take effect in the year beginning October 2014. Under the proposed bill, the Finance
January 4, 2013 Read time: 1 min
A total of US$5.26 billion (THB 160bn) will be set aside for new ring roads covering 254kms across Greater Bangkok as part of new infrastructure investment in Thailand over the next few years.

The works are among a number of key transport infrastructure projects planned after the expected approval of a draft bill from Thailand’s Fiscal Policy Office agreeing new debt of $71.95 billion (THB 2.2trn).

The bill is scheduled to take effect in the year beginning October 2014. Under the proposed bill, the Finance Ministry will be allowed to borrow funds from international or domestic markets, specifically for infrastructure investment. The budget will get 80% of the financing from the public sector.

Related Content

  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More
  • Caterpillar eyes better performance in 2015 amid stormy weather
    May 13, 2015
    Caterpillar vice president Paolo Fellin sums up the past year for the global equipment manufacturer and looks at the increasing importance of telematics and machine control. David Arminas reports from Caterpillar’s Demonstration and Learning Centre in Malaga, southern Spain First the good news. Despite the difficulties, especially of the financial markets, 2014 was “a record year for a lot of things” for global heavy equipment maker Caterpillar.Now the bad news. Hang onto your seats because despite some
    Read More
  • 10,000km of Andhra Pradesh roads to become India National Highways
    April 12, 2013
    The Indian government is to invest US$916.06 million (INR 50bn) in phases to convert 10,000kms of state roads in Andhra Pradesh to National Highways. According to the country’s Minister of State for Transport and Highways, Sarvey Sathyanarayana, the conversion works will be completed within the next three to five years. In the last fiscal year of 2012/2013, six stretches of state highways in Andhra Pradesh were converted to National Highways, covering a distance of more than 1,800km.
    Read More
  • Realigning Kenyan bypass to avoid quagmire and ease congestion
    March 22, 2012
    Japanese consultants are planning to realign a Kenyan bypass, as Shem Oirere reports. Japanese consultants are resolving an engineering quagmire involving a 17.5km bypass in Kenya's Coast region. The new design realigning the bypass is underway by Japanese International Cooperation Agency (JICA) consultants. The road is an alternative link from the hinterland to the south coast and to the proposed Dongo Kundu Port. The 23m-wide bypass would also serve to reduce traffic congestion across the Likoni Channel.
    Read More

Highlighted Content