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

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