Thailand speeds up progress of major infrastructure projects
Thailand needs to prioritise infrastructure development in the Eastern Economic Corridor (EEC) to lure investment, Thai media on November 7 quoted Deputy Prime Minister Somkid Atusripitak as saying.
Overview of Thailand's Eastern Economic Corridor (Photo:eecthailand.or.th )Bangkok (VNA) – Thailand needs to prioritise infrastructure development in the Eastern Economic Corridor (EEC) to lure investment, Thai media on November 7 quoted Deputy Prime Minister Somkid Atusripitak as saying.
Deputy PM Somkid made the statement during a working session with the Ministry of Transport. Three projects of high priority include Laem Chabang port, an aircraft repair and maintenance centre and Bangkok-Rayong express railway.
He also noted that bids for the constructions need to be started this year.
The third phase of the Laem Chabang port project needs an investment of 88 billion THB (2.65 billion USD), aiming to double the capacity of goods transport.
Meanwhile, Thai Airways and Airbus will sign a deal on building the aircraft repair and maintenance centre in the coming time. It is part of activities to expand U-Tapao airport with total investment of 200 billion THB (6.03 billion USD).
The Bangkok-Rayong express railway will be implemented with an estimated budget of 158 billion THB (4.76 billion USD). It is expected to connect Bangkok’s three central airports of Suvarnabhumi, Don Mueang and U-Tapao.
Research on the railway will be submitted to the EEC Policy Committee, which chaired by Thai Prime Minister Prayut Chan-ocha on November 17.-VNA
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