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

  • Highway 99 revisited
    March 6, 2024
    David Arminas recently returned to Seattle for an inside look at some of the features of the now-complete SR99 tunnel that was a World Highways key project report in November 2017.
    Read More
  • ARTBA requests US president to invest in transportation
    March 5, 2012
    US president Barack Obama has received a highly critical open letter from Pete Ruane, president of the US-based American Road & Transportation Builders Association (ARTBA). The letter questions the lack of progress in the delivery of a long-term surface transportation bill by the US Government. This bill is now 15 months behind schedule, which has resulted in a knock-on effect for the already struggling US construction sector.
    Read More
  • AIA’s UK ‘crumbling roads’ survey prompts call for greater Government funding
    March 14, 2013
    The annual national survey of UK local road network condition and funding claims there is a crumbling road crisis of increasing concern, prompting renewed calls for increased and longer term Government funding. Commissioned by the Asphalt Industry Alliance (AIA), the 18th Annual Local Authority Road Maintenance (ALARM) Survey was completed by 75% of councils across England and Wales and reports that the number of potholes filled over the last year rose to over two million - an increase of 29% on the previou
    Read More
  • Canada, US officials soon to settle planned Detroit bridge issue
    February 5, 2015
    An end to a thorny issue is close at hand concerning who will fund construction of a border customs plaza on the US side of a planned bridge linking Canada and the United States. US President Barack Obama’s US$4-trillion budget did not set aside any money for the plaza for a second consecutive year, further irritating Canadian officials who are overseeing construction of the bridge. It appears that the Canadian government might end up footing the entire bill, according to a report in Toronto’s Globe a
    Read More

Highlighted Content