Thailand highway project requires extra financing

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.
June 14, 2019 Read time: 1 min
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.
Finance & Funding

Related Content

  • Airport runway rebuild at Bologna
    May 15, 2019
    Rebuilding a runway requires special attention to detail to maximise efficiency and safety Airport runways face special challenges with regard to the loads they carry on a daily basis, particularly when aircraft are landing. A modern jet aircraft will typically land at speeds of around 240-260km/h, with a laden 747 weighing as much as 265tonnes at the end of a long flight. The stresses these large aircraft place on runway surfaces are enormous and not just with the massive impact forces exerted during
    Read More
  • Colombia key tunnel project – new completion date
    March 6, 2019
    A new completion date has been set for the La Linea Tunnel project in Colombia. The work should now be finished in late 2020, although the project was originally intended to be ready by late 2016. The various contracts to complete the Cruce de la Cordillera Central route will be awarded in April 2019 by the national road institute (Invias). The contracts will include strict measures to ensure that contractors will comply with all the terms of the deal. The Colombian Government previously allotted US$204.5 m
    Read More
  • Work well underway on Colombian highway project
    March 13, 2018
    Work is well underway on Colombia’s US$453.43 million Conexion Pacifico II highway project. The construction work for the 96.5km highway is around 33% complete at this stage. Work is also underway on the 2.5km-long twin tube Mulatos tunnel, with around 700m having been driven so far and this portion of the project is costing nearly $127 million. The new highway will reduce journey times between Colombia’s Antioquia Department and the country’s coffee producing regions, as well as to its port of Buenaventura
    Read More
  • Julián Núñez, head of ASECAP offers a little Spanish enlightenment
    May 1, 2018
    Julián Núñez, president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth. People want to avoid the pain. This is perhaps a bad analogy to use in the case of Julián Núñez, president of ASECAP - European Association of Operators of Toll Road Infrastructures. Núñez had just sat
    Read More

Highlighted Content