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

  • Shock therapy: jolt for EV charging needed
    October 2, 2018
    As sales of electric vehicles accelerate, the growth of charging infrastructure is in need of a big boost. Graham Anderson reports on whether Europe is up to it. Utilities, technology companies and vehicle manufacturers are battling to put in place new charging networks for electric vehicles (EVs) across Europe in response to a predicted dramatic surge in demand. Market experts believe that rapidly falling battery costs – which make up about one third of the costs of an electric car – and growing
    Read More
  • Moovit mines Sydney's Opal upgrade
    June 24, 2022
    Travel improvements in Australian city are part of wider investment by state government
    Read More
  • Options abound for road weather sensing
    September 6, 2017
    Meteorological organisations invest millions in super-computers to crunch data for ever-more accurate forecasts but inherent unpredictability means that other methods of alerting drivers and road authorities to fast-changing weather and highway conditions are essential. For years, static weather sensors to measure factors such as surface water, ice or high roadway temperatures have been embedded in highways to provide such data. But that is changing.
    Read More
  • Bolivia to invest in Tarija highways
    April 30, 2015
    The Bolivian government plans to invest US$123 million this year in highway projects in the eastern lowland Tarija department, according to a senior official. Last year, works began on three Tarija highways: the 66 kilometre Entre Ríos-Palos Blancos, valued at US$83.4 million; the 45 kilometre Villamontes-Palo Marcado costing US$39million; and the 30 kilometre Río Isiri-La Central valued at US$32 million, said public works minister Milton Claros. Tarija is home to the country's largest oil and natural ga
    Read More

Highlighted Content