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

  • New highway works planned for India
    February 10, 2025
    Major new highway works are planned for India.
  • Southern Germany tunnel project mooted
    March 23, 2017
    Plans have been drawn up for a new road tunnel in the German town of Oberau, located to the south of Munich in Bavaria.
  • Costa Rica connection to be delayed?
    December 4, 2018
    Construction work for a key stretch of Costa Rica’s Northern Ring Road (Circunvalacion Norte) could be delayed. The section from Leon X!!! and Colima was originally intended to open to traffic at the end of 2018. However, as construction work is not yet complete on the new bridge spanning the Rivera Ravine or for the intersection with La Uruca, there are concerns that opening the highway stretch could result in road safety issues. Building the Northern Ring Road is costing some US$163 million and the proj
  • Myanmar project to be funded from Thailand?
    September 28, 2017
    Funding for a road project in Myanmar looks likely to come from Thailand. The project and the possibility of a finance package for the work has been discussed in Myanmar’s parliament. The funding would come in the shape of a loan worth US$136 million and would help pay for the construction of the two-lane link. The new road connection will run between Myanmar’s Dawei Special Economic Zone (SEZ) and Thailand.