Thailand’s eight-year plan to develop the country’s transportation infrastructure at a cost of B2.4 trillion is expected to turn Thailand into a key logistics hub for the ASEAN Economic Community, according to Roengsak Tongsom, Director of the Rail Project Development Office.
The first priority is to develop 10 rail routes in Bangkok and its suburbs, worth B700 billion in total before 2019, he confirmed.
“These lines will form part of plans to support the inner-city transportation system and city expansion from the heart of Bangkok into the suburbs. They will reduce crowding in the central business districts,” he told reporters.
The next stage of the infrastructure investment plan is to develop the country’s wider transportation system and link Thailand and neighbouring countries by rail – via a double-track system, in particular.
Investment in these lines will commence in 2015 with completion targeted for 2021. The double-track routes will drive the goal of Thailand becoming a key strategic and logistics gateway to the AEC, which is set to come into effect next year, he confirmed.