Thai Government Sets out Eight-year, $75bn Infrastructure Plan

By Admin
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. 

Share

Featured Articles

Alstom to deliver Africa’s first driverless metro in Cairo

The 35-kilometre line will accommodate more than half a million passengers on board annually, and will include 26 states – 12 of them underground

Sobha Realty launches five interconnected towers development

Sobha One Tower will offer waterfront views and several upscale amenities across its masterplan, developer says

Polygon acquires 100% of All Consulting Services in Italy

Acquisition is part of Polygon’s strategic growth plan in Italy, and follows the company’s purchases of Swiss and UK-based companies earlier this year

SWPC says three bids shortlisted for Rabigh 4 IWP

Construction Projects

IDE Technologies to build US$440m Israeli desalination plant

Construction Projects

AJ Steel expands KEZAD operations wiith 96,000sqm facility

Construction Projects