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Thai transport ministry announces 652 billion baht for infrastructure projects


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The Thai Transport Ministry has recently announced a substantial investment of 652 billion baht (US$ 18,345,526,120). The funds are earmarked for around 150 transport projects to be initiated this year and the next, in a bid to bolster the country’s infrastructure.

 

Transport Minister Suriya Jungrungreangkit detailed the plans following a policy seminar held yesterday, February 1. According to him, 64 projects, with a combined budget of 389 billion baht (US$ 10,944,489,715), are slated to kick off this year, with an additional 31 lined up.

 

In the following year, the Ministry will commence 57 new projects, collectively worth 263 billion baht (US$ 7,399,696,990).

This year’s motorway projects include 18 initiatives, such as Motorway No 81 (Bang Yai-Kanchanaburi) and Motorway No 6 (Bang Pa-in-Nakhon Ratchasima). The construction of the 5th Thai–Lao Friendship Bridge in Bueng Kan is also set to begin in 2024, reported Bangkok Post.


Moreover, 13 new projects, with a total investment of 254 billion baht (US$ 7,146,475,420), will commence construction before the end of the year. These include Motorway No 9 (the Western Ring Road of Bangkok), an extension of Motorway No 7 connecting to U-tapao airport, and an expansion of Motorway No 5 to Bang Pa-in.

 

by Mitch Connor

Picture courtesy of ThaiPost

 

Full story: The Thaiger 2024-02-01

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

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21 hours ago, webfact said:

The funds are earmarked for around 150 transport projects to be initiated this year and the next, in a bid to bolster the country’s infrastructure.

About half of which will be put to good use... 

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