BANGKOK, 30 July 2014 — The National Council for Peace and Order has given the green light to the 2.4-trillion-baht infrastructure plan that will be implemented during the next eight years.
Permanent Secretary for Transport Soythip Trisuth unveiled after the NCPO meeting on Tuesday that the massive investment for the transport system would be carried out between 2015 and 2022 with a total budget of 2.4 trillion baht, aiming to facilitate social stability and economic growth.
The scheme is comprised of five key projects — development of inter-city rail network, development of transportation in Bangkok and its vicinity, improvement of highway network to link important local production hubs with markets in neighboring countries, development of water transport network, and enhancing Thailand’s air transport competitiveness.
Moreover, the NCPO also nodded to the 127 billion baht project to construct six dual-track lines and also appointed a task force to find financial sources for the project within a 30-day time frame. Once the construction is completed, the train track will have a combined length of 887 kilometers.