Lion's share of infrastructure budget for rail upgrade | Bangkok Post: business

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Lion's share of infrastructure budget for rail upgrade

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A proposed bill authorising 2.2 trillion baht in new debt to finance infrastructure investments over the next several years will take effect in 2014, with two-thirds set to go towards rail improvements. 

Prof Teerana Bhongmakapat, dean of Chulalongkorn University's economics faculty, suggested Thailand's rail system be upgraded from the current one-metre track gauge to the 1.43-metre international standard gauge.

Upgrading the rail system would significantly improve the country's logistics network and help reduce logistics costs and boost efficiency across the entire economy, allowing Thailand to take advantage of its geographic location to serve as a transport hub for the region, he said.

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