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.

Finance & Funding

Related Content

  • Hinergia bridge project finds federal funding
    March 27, 2017
    A budget worth nearly US$252 million will help pay for bridge design and construction work as well as bridge repair activities in 12 states across Nigeria. The budget has been approved by Nigeria’s Federal Executive Council (FEC). Meanwhile $475 million is being budgeted for the engineering and consultancy work required for the Second Niger Bridge that will connect the city of Asaba in Delta State with Onitsha in Anambra State. The new bridge is desperately required as the existing structure is in poor cond
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More
  • Work moving ahead on Paraguay’s new roads
    November 21, 2018
    A series of major road contracts have been awarded in Paraguay, although delays are being seen on one key link. The country’s Ministry of Public Works and Communications (MOPC) gave its approval for a series of road contracts to be awarded. These four packages are worth over US$136 million and are for18 different sections.
    Read More
  • New airport link road for Lagos
    March 19, 2019
    A rebuilt highway will improve transport from Nigeria’s commercial centre, Lagos, to its main airport. The project is providing a new highway stretch featuring up to five lanes in either direction from Oshodi on the west of the city out to Murtala Muhammed International Airport, which lies to the north. The work commenced in 2017 and is being carried out by the local contractor Hitech Construction Company. The new route will provide an improved connection from the Apapa Oworonshoki Expressway and the proje
    Read More

Highlighted Content