Thailand invests in transport infrastructure

Thailand’s government has announced a USD 74.01 billion investment package to boost the country's transport system. According to Transport Minister, Chadchat Sittipunt, 78 per cent of the total investment will cover transport infrastructure projects including rail, roads, air and water transports. He added that the infrastructure upgrades will lower logistics expenses by as high as 13.2%, by shifting transportation mode from roads to rail network. The huge spending on infrastructure was crucial for the cou
January 24, 2013 Read time: 1 min
Thailand’s government has announced a USD 74.01 billion investment package to boost the country's transport system.  

According to Transport Minister, Chadchat Sittipunt, 78 per cent of the total investment will cover transport infrastructure projects including rail, roads, air and water transports. He added that the infrastructure upgrades will lower logistics expenses by as high as 13.2%, by shifting transportation mode from roads to rail network. The huge spending on infrastructure was crucial for the country's economic growth, he said.

The investment programme aims to encourage trade and investment and increase connectivity between Bangkok and other provinces with a new high-speed train service, and to improve travel conditions in the capital by adding nearly 400km to the existing electric rail network.

Related Content

  • Mileage based charging offers secure future for funding
    August 10, 2016
    HNTB’s Matthew Click sets out why a move to mileage-based pricing is inevitable. Infrastructure is the most neglected yet the most critical engine of our society, and our continued indifference could lead to a dystopian future. Our roads, bridges and highways have been largely passed by in the digital age—marginalised in an era when funding is limited and stewardship of physical assets has given way to our preoccupation with technological innovation and data—the stuff of the virtual realm.
    Read More
  • Government invests in northern digital railway plans to improve trans-Pennine
    September 25, 2017
    The UK government is developing plans for Britain’s first digital intercity railway in the north, as it invests US$17.5 billion (£13 billion) in improving journeys across the region. The UK government is developing plans for Britain’s first digital intercity railway in the north, as it invests US$17.5 billion (£13 billion) in improving journeys across the region.
    Read More
  • Economic stimulus and investment in ITS solutions
    February 2, 2012
    Scott Belcher, President and CEO of ITS America looks at the year ahead
    Read More
  • Work begins on major southern Vietnam bridge
    October 25, 2013
    Construction has begun on two-kilometre bridge spanning the Tien River in the Mekong Delta in southern Vietnam. The investment of US$145 million is funded by non-refundable aid from the Australian government, a loan from the Asia Development Bank and Vietnamese government capital. The cable-stayed Cao Lanh Bridge, which links Cao Lanh Town and Lap Vo District in Dong Thap Province, will have four lanes for motorised vehicles to run at a speed of 80 kilometres per hour and two other lanes for non-motoris
    Read More

Highlighted Content