To recover from the adverse economic effects of the Covid-19 pandemic and support long-term growth, the Thai government is planning THB 163 billion (USD 5.43 billion) of public-private projects (PPP) for 2021. Specifically, the investment will go into four mega-infrastructure development projects of high priority.
As reported by the Bangkok Post, the projects are:
- the MRT’s Purple Line running from Tao Poon to Rat Burana (THB 124.8 billion)
- the roadside accommodation development project on the motorway between Bang Pa-in and Nakhon Ratchasima (THB 1.6 billion)
- the roadside accommodation development project on the intercity highway between Bang Yai and Kanchanaburi (THB 1.5 billion)
- the Phuket mass transit system phase 1 from Phuket International Airport to Ha Yaek Chalong (THB 35.2 billion).
According to Panthip Sripimon, Head of the State Enterprise Policy Office, Thailand has planned 77 infrastructure projects in the pipeline between 2020 and 2027. Among those, there are 20 high-priority PPP projects worth a combined THB 503.2 billion (USD 5.9 billion).
(Sources: The Business Times; Reuters; Bangkok Post)