Three priority infrastructure projects in the Eastern Economic Corridor (EEC) must get started this year for the sake of accelerating investment in the new industrial zone, says Deputy Prime Minister Somkid Jatusripitak. The priority projects are the third phase of Laem Chabang port, the aircraft repair and maintenance project and the Bangkok-Rayong high-speed rail network. The government expects terms of reference (ToR) to be issued by the first quarter of next year to enable public-private investment. The ToR of those projects in the first phase will likely be issued by the first quarter of 2018. According to Mr Somkid, the ToR for the 158-billion-baht Bangkok-Rayong high-speed rail should be issued later this year.

Source: Bangkok Post November 02, 2017 23:03 UTC