Thailand set to invest $2.4 bln in waterways system in next decade

Thailand set to invest $2.4 bln in waterways system in next decade

BANGKOK: Thailand’s transport minister said that the military government is to spend about 78 billion baht ($2.4 billion) on developing the country’s waterways infrastructure over the next 10 years.

That will include a 2.21 billion baht budget for the current fiscal year which began this month, Air Chief Marshal Prajin Juntong told reporters after a media briefing on Saturday.

Such infrastructure includes ports, bridges and canals. Among major projects are the development of Pak Bara seaport in the southern province of Satun and a rail link from that port to a port in Songkhla province, the minister said.

The government has approved a budget of 2.4 trillion baht for overall transport infrastructure spending over the next eight years. Last week, it said it would go ahead with a $1.9 billion expansion plan at Bangkok’s main Suvarnabhumi Airport, as well as plans to build another three provincial airports. – Reuters

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