The cabinet the other day authorized the action strategy of the Transportation Ministry covering 36 facilities tasks worth 896 billion baht.
The tasks will be prepared for financial investment in 2017.
The Transportation Ministry reported to the cabinet that 74.13 billion baht or 8.3% of the overall financial investment will be sponsored by the financial budget plan, with about 576 billion baht (64.3%) from loans and 197 billion baht (22.1%) from public-private collaborations.
Some 44.8 billion baht or 5% will be from the Thailand Future Fund and the staying 3.4 billion baht or 0.4% from earnings supplied by the tasks’ owners.
According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Workplace, tasks to begin next year consist of the expressway connecting Rama III Road-Dao Khanong and the western external ring roadway.
Heaven Line public transportation path on the Bang Khae-Phutthamonthon Sai 4 area, the Light Green Line on the Samut Prakan-Bang Pu area and the Light Green Line on the Khu Kot-Lam Luk Ka area, in addition to the Orange Line area connecting Thailand Cultural Centre and Taling Chan are likewise anticipated to begin.
The 2nd phase of 7 double-track rail tasks covering 1,439 kilometres and worth 292.34 billion baht are likewise set to be advanced for cabinet approval this year, with building and construction arranged for next year.
The 7 paths are from Pak Nam Pho in Nakhon Sawan to Den Chai in Phrae; Jira in Nakhon Ratchasima to Ubon Ratchathani; Khon Kaen-Nong Khai, Chumphon-Surat Thani; Surat Thani-Songkhla; Hat Yai-Padang Besar; and Den Chai-Chiang Mai.
Mr Kobsak stated those tasks will play a considerable function in enhancing the economy next year while attracting personal financial investment.
The financial investment in those tasks likewise comply with the 12th National Economic and Social Advancement Strategy (2017-21) and run in tandem with the 20-year National Method, a bigger structure for Thailand’s advancement.
Transportation Minister Arkhom Termpittayapaisith stated of the overall financial investment, the rail system advancement will represent 73.3%, expressways and freeways comprising 18.7%, and marine transportation and Suvarnabhumi airport’s growth the rest.
Mr Arkhom stated the federal government approximates about 149.8 billion baht will be paid out in financial 2017, anticipated to improve financial development by more than 1%. Active dispensations are prepared for in 2018, as building and construction is because of begin.
Deputy Prime Minister Somkid Jatusripitak stated formerly the federal government is positive the economy can end this year with 3.2-3.3% development regardless of soft belief in the 4th quarter.
Faster state costs on facilities tasks and growing tourist will fortify financial development in the 4th quarter and assist balance out weak belief as the death of the King is grieved, he stated.
Mr Somkid stated the federal government is approximated to invest a combined 293 billion baht in 2016 and 2017 on facilities advancement.
Projects that have actually begun consist of roadway growth and freeways connecting Pattaya and Map Ta Phut, together worth 28.2 billion baht.
Projects due to be constructed next year consist of the high-speed train connecting Bangkok and Rayong worth 153 billion baht, to be established under a public-private collaboration.
