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

  • Hitachi Rail Europe wins UK first traffic management contract
    July 28, 2015
    Passengers on some of the busiest commuter lines in the UK can look forward to more frequent and more reliable trains following a deal to provide new traffic management technology on the Thameslink route through central London. Network Rail and the Thameslink Programme have signed a contract with Hitachi Rail Europe (HRE) to deliver a step-change in technology through state-of-the-art traffic management technology.
    Read More
  • Jeddah juggles transport needs of residents, pilgrims and tourists
    December 22, 2015
    Mass pilgrimages, new tourists and a growing population lead Jeddah to seek some smart transport solutions as David Crawford finds out. Rationalising traffic movement and public transport in a major Middle Eastern business and tourist centre that is also a gateway for millions of religious pilgrims every year is the challenge for the 20-year Jeddah Strategic Plan and the Jeddah Public Transport Programme (JPTP) it spawned. The latter is costed at US$8bn.
    Read More
  • Report: Priority funding for rail projects drives investments in Turkey
    January 22, 2015
    Turkish railways have undergone a complete overhaul due to significant investments over the last five years. In the majority of rail projects currently under way, investment is directed towards the construction of new high-speed rail (HSR) lines, electrification, extensions and upgrading of existing infrastructure. With u$18 billion allocated for the rail sector as part of the Turkey Vision 2023 plan, the country is expected to have a total conventional rail network length of 25,940 kilometres and a HSR net
    Read More
  • Over US$2.3 billion of investment awarded to upgrade motorways in England
    July 23, 2015
    Highways England has appointed six joint-venture companies to design and build ten smart motorways across England as part of a US$2.3 billion investment. Three of these projects will start in autumn this year: two in the Midlands on the M1 J19 to J16 in Northamptonshire and the M5 J4a to J6 in Worcestershire, and one in the north-west on the M6 J16 to J19 near Stoke-on-Trent. The smart motorway schemes, part of the US$23 billion government investment Highways England is delivering between now and 2021
    Read More

Highlighted Content