Skip to main content

Thai government in a hurry for infrastructure

The Thai government hopes to immediately kick-start its infrastructure investment spending as soon as the US$63.26bn borrowing bill is passed. The massive investment is expected to help reduce logistics costs and turn Thailand into an Asean transport hub. The plans include building four-lane roads and widening existing two-lane roads to four lanes, construction of five dual track rail lines and improvement of existing routes, some of which could begin immediately, together with 41 new customs checkpoints. F
November 13, 2013 Read time: 1 min
The Thai government hopes to immediately kick-start its infrastructure investment spending as soon as the US$63.26bn borrowing bill is passed.

The massive investment is expected to help reduce logistics costs and turn Thailand into an Asean transport hub.

The plans include building four-lane roads and widening existing two-lane roads to four lanes, construction of five dual track rail lines and improvement of existing routes, some of which could begin immediately, together with 41 new customs checkpoints.

Four projects which could begin in 2014 are the expansion of the Phetkasem Sai 4 Road in Bangkok, a new tollway between Ayutthaya's Bang Pa-in district and Nakhon Ratchasima town, five dual-track rail routes and extended electric train routes in Greater Bangkok.

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong said: “Acceleration of the government's budget disbursement is a crucial tool to stimulate the country's economic expansion next year.”

Related Content

  • Rating agency Standard and Poor Tolling sees a bright future for tolling
    September 6, 2017
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
  • Bangkok combats pollution with city toll 
    October 1, 2020
    Road pricing is part of Thailand’s Clean Mobility Programme
  • UK infrastructure bill
    June 6, 2014
    The UK government’s proposed Infrastructure Bill would improve how the national infrastructure is funded, planned, managed and maintained and provide a US$4.4 billion boost to the economy over the next ten years. Proposals include: improving the funding and management of our major roads; streamlining the planning process for major projects; protecting our infrastructure from invasive plants and animals; supporting house building; making it easier and cheaper to register land and property; helping communi
  • FHWA formula aims to bridge funding gap
    January 20, 2022
    IBTTA welcomes FHWA's $26.5bn for bridges - and announces its executive officers for 2022