Jump to content

Cabinet Oks capital mobilization through Thailand Future Fund


Recommended Posts

Posted

Cabinet Oks capital mobilization through Thailand Future Fund

 

18813930_1762312450451506_53570779775107

 

BANGKOK: -- The cabinet on Tuesday approved the Transport Ministry’s plan to raise 44.8 billion baht through Thailand Future Fund to finance the construction of two expressway routes – Rama III-Dao Khanong ringroad and third phase of Kasetnavamin expressway.

 

Transport Minister Arkhom Termpittayapaisit said the Finance Ministry would be responsible for raising fund and the Transport Ministry would present full details of the project to the cabinet in the next two weeks.

 

He said that the Expressway and Rapid Transit Authority would also invest in the project with revenues earned from fares collected from motorists using the Ram-inthra-Art Narong and Bang Na-Chon Buri expressways.

 

Construction costs of Rama III-Dao Khanong ringroad and Kasetnavamin expressway were estimated at 30 billion baht and 14 billion baht respectively.

 

Source: http://englishnews.thaipbs.or.th/cabinet-oks-capital-mobilization-thailand-future-fund/

 
thaipbs_logo.jpg
-- © Copyright Thai PBS 2017-05-31
Posted

Invest

 

I hear a German company and a Singapore company did that and went bust and a plane got held, maybe I am wrong on that but no investment from me.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...