Megaprojects to get boost from Yes vote - News Summed Up

Megaprojects to get boost from Yes vote


The cabinet has already approved 11 projects worth 460 billion baht that are due for completion by 2022. (Bangkok Post file photo)The government's 20 planned megaprojects with a combined valued of 1.41 trillion baht are set to move forward smoothly after the Yes vote for the new constitution. The two high-speed rail projects will promote connectivity between Thailand and neighbouring Cambodia, Laos, Myanmar and Vietnam. The government is also committed to accelerating investment in two high-speed rail projects: the 193.5-kilometre Bangkok-Rayong route, worth 153 billion baht, and the 211km Bangkok-Hua Hin route, worth 94.7 billion baht. Deputy Commerce Minister Suvit Maesincee also said the government had laid down the foundations to restore the economy.


Source: Bangkok Post August 08, 2016 23:15 UTC



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