#Asian construction#Thailand#Roads/highways#Thailand

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

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...

Admin
|Sep 8|magazine2 min read

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.