Skip to main content

Thailand expressway contract funding

The Kasetsart Intersection-Nawamin Road northern expressway project in Thailand is expected to require funding worth US$457 million. Also called the N2 expressway, the 12.2km stretch of expressway will benefit from financing raised through an IPO organised by the Thailand Future Fund (TFF). The project has been delayed due to objections from the Kasetsart University over concerns at the expressway’s impact the structure of campus buildings. A number of other buildings lie close to the route and there may ha
May 7, 2019 Read time: 1 min

The Kasetsart Intersection-Nawamin Road northern expressway project in Thailand is expected to require funding worth US$457 million. Also called the N2 expressway, the 12.2km stretch of expressway will benefit from financing raised through an IPO organised by the Thailand Future Fund (TFF). The project has been delayed due to objections from the Kasetsart University over concerns at the expressway’s impact the structure of campus buildings. A number of other buildings lie close to the route and there may have to be a compulsory purchase process to buy any premises lying directly in the path of the expressway. This will be subject to an official approval process.

Related Content

  • Learning from Russia's controversial road project
    February 9, 2012
    The International Road Federation (IRF), founded in 1948, is the only world forum advocating better and safer roads through better road design and construction bearing in mind the user. It is a unique institution that brings together members active in road infrastructure from both the private and public sectors. The IRF promotes roads that are safe, economically viable and ecologically friendly. The IRF believes that a sound road infrastructure brings prosperity, fights poverty, furthers education and gi
  • $878.6 million Thailand expressway development
    February 19, 2025
    $878.6 million is being invested in Thailand for expressway development projects.
  • Sri Lanka expressway – funding secured
    July 9, 2018
    The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured. A loan of nearly US$904 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) will provide the necessary finance package for the project. The route of the Central Expressway runs from Colombo to Dambulla, having originally been called the Northern Expressway Project. This latest funding package will help pay for work to the 32.5km link running off to the east at Pothuhera and running to Galagedara, close
  • Thailand highway project requires extra financing
    June 14, 2019
    Additional financing is required to help progress work on Thailand’s Bang Yai-Kanchanaburi highway project. An extra US$244 million is needed to push ahead with the work, which has been delayed due to problems in buying land. A key issue is that land costs have doubled in the area since the project was first approved by the Government of Thailand. Just 25% of the land required has so far been purchased.