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

  • Metro Pacific pushes for Cebu-Mactan bridge in the Philippines
    January 19, 2015
    Metro Pacific Investments Corp (MPIC) is in discussions to form a joint venture for construction of a toll bridge connecting the islands of Mactan and Cebu in the Philippines. Cebu is an island province that incorporates 167 surrounding islands and islets, one of them being Mactan, which lies immediately off Cebu Island, across from Cebu City. MPIC’s subsidiary, Metro Pacific Tollways Development Corp (MPTDC), is proposing an 8.3km bridge costing around US$380 million, according to local media reports
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • India’s new expressway link
    April 12, 2021
    Accelerated road construction methods are being used to build an expressway link in India, setting records along the way
  • Tunnel project for south German town to restart
    August 5, 2019
    Construction work is to restart on a new tunnel project in the South German town of Garmisch-Partenkirchen following the necessary approvals having been received. The town lies to the south of Munich and is a popular winter ski resort, while in summer it also experiences heavy tourist traffic as it lies on a key route between Germany and Austria, as well as Italy, lying to the south. The busy Autobahn 95 connects Munich’s southern side with Garmisch-Partenkirchen. But this route ends just to the northern si