970 billion SEK in railway infrastructure upgrade
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Thailand’s Transport Ministry is planning 11 large-scale infrastructure projects with a combined value exceeding SEK 105 billion, set for Cabinet approval in 2026.
Key initiatives include rail expansion through three double-track segments with an estimated investment of SEK 29 billion, alongside aviation projects worth SEK 26 billion aimed at expanding capacity at four major airports.
A comprehensive list of these initiatives has been finalized and can be fast-tracked once a new administration is in place.
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Road and Expressway Projects: The Transport Ministry is moving forward with six major expressway and motorway developments worth over THB162 billion. These include new expressway links, junction upgrades to improve traffic flow, and large-scale motorway expansions. Some projects are already submitted for Cabinet review, while others are in consultation stages or awaiting feedback. These initiatives aim to strengthen regional connectivity and reduce congestion in high-traffic zones.
Rail Development Projects: Plans for expanding the rail network focus on double-track systems across key southern routes, with a combined investment of THB101.25 billion. These upgrades are designed to improve freight efficiency and passenger capacity, supporting economic growth, and reducing travel times. The projects are consolidated and ready for Cabinet consideration, highlighting upcoming opportunities for infrastructure investments.
Major Aviation Investment Projects: The aviation sector is set for significant upgrades totaling THB90.66 billion to accommodate rising passenger demand and boost tourism. Key initiatives include expanding major international airports to increase annual capacity, upgrading facilities for better service, and enhancing regional connectivity. These investments aim to position the country as a leading air travel hub in the region.
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For more information contact Supakrit S. at supakrit.snidvongs@business-sweden.se