The government earlier this month approved 168 infrastructure development projects worth a combined 989 billion baht for the EEC scheme. Of the total EEC infrastructure investment, government spending will account for 30%, with public-private partnerships making up 59%, state-owned enterprises 10% and the Royal Thai Army 1%. “We aim to have a contract signing by September for a high-speed rail network scheduled to start operation in 2023,” he said. He also asked Hitachi and JR Kyushu to join the bidding to construct a 220km high-speed rail system linking Bangkok and Rayong worth 236.70 billion baht. The project will link Don Mueang airport with Suvarnabhumi and U-tapao, facilitating investment in the EEC.

Source: Bangkok Post February 10, 2018 00:11 UTC