Thai transport ministry announces 652 billion baht for infrastructure projects

[webfact]

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

 

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[JeffersLos]

Just now, webfact said:

652 billion baht

 

2 billion for the work.

 

650 billion for the new Benzes to test them. 

[Venom]

Calling all pigs to the trough. 

[Korat Kiwi]

Astounding numbers, and hard to comprehend where they find all this money. 

 

Loans from China perhaps? 

[hotchilli]

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... 

[mikebell]

How much of this gigantic budget will be spent on forcing RTP on to the roads in an attempt to cut the daily road kill?