Thailand plans B1.4 trillion infrastructure investment
published : 20 Jan 2022 at 19:28
Thailand plans new infrastructure projects worth 1.4 trillion baht this year, which are expected to create 154,000 new jobs, Transport Minister Saksayam Chidchob said on Thursday.
Infrastructure investments in land, air and sea include upgrading the main Suvarnabhumi airport, a dry port for containers, and a high-speed rail project linking Thailand with China, via Laos.
- Related: GDP projected to grow 3.5%-4.5%
"These large investment plans will increase Thailand's economic structure so it can move forward without interruption," Mr Saksayam said in a statement.
Agreements worth 516 billion baht have already been signed with another 974 billion baht in new projects, he said.