B2tn plan to speed up 36 major projectsThe Transport Ministry has pledged to speed up 36 mega-infrastructure projects with investments worth 1.98 trillion baht to stimulate economic development this year. Of the 36 projects, 11 are road transport schemes worth a combined 261 billion baht, 20 rail ones valued at 1.5 trillion baht, three aviation projects worth 80.6 billion and two maritime transport schemes worth 114 billion baht. He said investment in these projects will come from five sources: 217 billion baht from the state budget (11%); 111 billion baht from government revenue (6%); 1.11 trillion baht from loans (56%); 511 billion baht from public-private partnerships (26%), and 34 billion baht from the Thailand Future Fund (1%). About 1.64 billion was earmarked for the Department of Land Transport and the rest, worth 476.4 million baht, was for the Department of Rural Roads. Numerous highways and roads across the country were damaged by extensive flooding from May-October last year, according to the Transport Ministry.

Source: Bangkok Post January 05, 2022 03:33 UTC