Transportation the focus of 2022 for Thailand, with 1.4 trillion baht budgeted

Thailand is aiming to make 2022 the Year of Transportation, with 1.4 trillion baht being allocated for projects to improve travel by air, land, water, and rail. The Ministry of Transport predicts markedly improved transportation safety and timeliness, as well as an economic return of 1.6 times the initial investment.

As a part of Thailand’s 20-year national strategy, the development of transport throughout Thailand by land and air, water and rail, will be a primary focus in the coming year, according to a speech given by Transport Minister Saksayam Chidchob at the Thailand Future Smart and Sustainable Mobility event.

According to the ministry, 974 billion baht of the allocated 1.4 trillion is budgeted for brand new investments and projects, while 516 billion baht is to continue ongoing projects or to fund the project where contracts have already been put in place. (Yes, we know…