Thailand gets moving on infrastructure

The military-backed government in Bangkok hopes spending on transport will add fizz to an underperforming economy.

Thailand’s military-backed government wants to get things moving literally.

On March 29, the cabinet approved the construction of two new lines for Bangkok’s elevated monorail or “Skytrain” network under a private-public partnership arrangement. A winning bidder was due to be announced in May, with construction set to start in June.

That’s not all. Four dual-track train projects are expected to be submitted for cabinet approval in May, with bidding processes scheduled before the end of June and construction of the metre-gauge routes to begin before year-end. A red line for the Skytrain has already been approved and is scheduled for completion by 2020. 

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222