Thailand goes big on road projects

Thailand’s government is planning to spend nearly US$25 billion in ten years from 2016 on overhauling Thailand’s road and rail transport infrastructure. A total of $24.74 billion (THB 800 billion) will be allocated by the Transport Ministry to the works which include developing inter-city highways, local roads and a comprehensive rail system. Work on the routes carried out by the Expressway Authority of Thailand will be included.
October 2, 2014 Read time: 1 min
Thailand’s government is planning to spend nearly US$25 billion in ten years from 2016 on overhauling Thailand’s road and rail transport infrastructure. A total of $24.74 billion (THB 800 billion) will be allocated by the Transport Ministry to the works which include developing inter-city highways, local roads and a comprehensive rail system. Work on the routes carried out by the Expressway Authority of Thailand will be included.
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US$ 67.29bn proposed for Thai roads and other infrastructure projects

A borrowing plan of US$67.29 billion (THB 2tn) for new transport infrastructure projects has been presented to Thailand's parliament. Out of the total borrowing, $8.16 billion (THB 243bn) is earmarked for road development, and a further $409.36 million (THB 12.19bn) for road checkpoint development. Main transport projects include four high-speed rail route, ten mass transit projects and dual track railways. A bill cementing the borrowing plan is set to be presented to the parliament by the end of March 2013
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