Thailand approves 2.4 trillion THB transport infrastructure plan

The National Council for Peace and Order of Thailand has given the green light to the 2.4-trillion-THB infrastructure plan that will be implemented during the next eight years.
The National Council for Peace and Order of Thailand has given the green light to the 2.4-trillion-THB infrastructure plan that will be implemented during the next eight years.

Permanent Secretary for Transport Soythip Trisuth unveiled after the NCPO meeting on July 29 that the massive investment in the transport system will be carried out between 2015 and 2022 with the aim of facilitating social stability and economic growth.

The scheme is comprised of five key projects - development of inter-city rail network, development of transportation in Bangkok and its vicinity, improvement of highway network to link important local production hubs with markets in neighboring countries, development of water transport network, and enhancing Thailand ’s air transport competitiveness.

Moreover, the NCPO also nodded to a 127 billion THB project to construct six dual-track lines and also appointed a task force to find financial sources for the project within a 30-day time frame.

Once the construction is completed, the train track will have a combined length of 887 kilometers.-VNA

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