Thai Government Sets out Eight-year, $75bn Infrastructure Plan
May 16, 2020
The Thai government has earmarked about 2.4 trillion baht ($75 billion) for investment in infrastructure projects over the next eight years.The State En...
The Thai government has earmarked about 2.4 trillion baht ($75 billion) for investment in infrastructure projects over the next eight years.
The State Enterprise Policy Office (Sepo) expects joint investment by the private sector and retail investors will account for 20 percent of this total.
The private sector is to enter into infrastructure joint ventures with the public sector via the new PPP act which came into effect in 2013, with retail investors given the opportunity to do so through infrastructure funds.
The eight-year plan runs between 2015 and 2022 and includes significant investment in electric trains, double-track rail, water and air transport and a highway network to link with neighbouring countries.
- Jacobs reaches NatureWorks Biopolymer plant milestoneEPC
- Thailand’s Ministry of Transport unveils $1bn rail hubBuilt Environment
- Colliers International: Real estate in one of Asia's fastest growing economies
- How Malaysian Resources Corporation Berhad pioneers the country’s construction space