Thailand government plans to speed up the implementation of eight projects under the Public-Private Partnership (PPP) program. The projects are worth upwards of 347 billion Thai baht and the plan is to shorten the overall duration of the projects from twenty-two months to nine months only. The projects include:
- MRTA Pink Line
- MRTA Yellow Line
- MRTA Blue Line (Bang Sue-Tha Phra)
- Bang Pa-in-Nakhon Ratchasima motorway
- Bang Yai-Kanchanaburi motorway
- Garbage Disposal Plant in Nonthaburi
- Garbage Facilities in Nahkon Ratchasima
- Marine Commerce Center
The Thai government may also include two high-speed train routes worth 246 billion baht in this “fast-track”program. More than 20 additional projects worth 1.79 trillion baht may also be included for implementation within 2017.
Thailand infrastructure investment continues to grow as the government aims to boost its sluggish economy after a slow-down in its private consumption and exports.
Date: November 4, 2015