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Megaprojects likely to be scaled back

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The next government is likely to bank on its fiscal budget, borrowing and private investment to finance infrastructure projects, but the outlay might be cut back to only about 1.1 trillion baht against 2 trillion planned earlier. 

Chula Sukmanop, director-general of the Office of Transport and Traffic Policy and Planning, said related agencies are preparing a new time frame for infrastructure plans after the Constitutional Court recently ruled against the Yingluck Shinawatra government's ambitious 2-trillion-baht funding bill for seven years of investment.

Construction of four-lane roads, improving highways, land expropriation for motorways, construction of the Bang Pa-in-Saraburi-Nakhon Ratchasima Motorway, dual-track railways and a port should be based on the fiscal budget, he said.

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