Two Thai highways approved

Two major highway projects are getting the go ahead in Thailand. The two highways are expected to cost US$4.18 billion in all. These will be PPP projects and are being handled under a fast-track process that will shorten the time required for financing. One projects is for the construction of the Bang Yai (Nonthaburi) - Kanchanaburi highway. The other project is to build the Bang Pa-in (Ayuttahya)-Nakhon Ratchasima highway. The civils work for both projects will be paid for by the Government of Thailand, while private funding will pay for maintenance and operation over the 30-year concessions.