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

  • Evonik hosts awards ceremony in Thailand
    November 18, 2016
    Evonik Industries recently hosted an award ceremony at the Residence of the German Ambassador in Thailand’s capital Bangkok. Evonik used the event to present the “Evonik Road Safety Award” to the Department of Rural Roads, Thailand (DRR). This is in recognition for the DRR’s contributions to road safety in Thailand, especially in rural areas.
    Read More
  • Many US states don't measure performance of transportation investments
    February 29, 2012
    US States spent an estimated $131 billion on transportation in fiscal year 2010, but many cannot answer critical questions about what returns this investment is generating, according to a new report by the Pew Centre on the States and the Rockefeller Foundation
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro
    Read More

Highlighted Content