The Government of Thailand has announced plans to invest USD19.4 billion to develop 150 transport infrastructure projects between 2024 and 2025. Tenders for four motorway sections, with an estimated total cost of USD4.11 billion, are set to open in late 2024. These sections include a 38km stretch of the M9 motorway linking Bang Khun Thian in Bangkok to Bang Bua Thong in Nonthaburi, another 35km section of the M9 between Bang Bua Thong and Bang Pa-in, as well as work on the 22km M5 motorway in Ayutthaya and a 61km stretch of the M8 motorway in Ratchaburi. Construction is set to begin in 2026 and conclude by 2028.
Meanwhile, the Asian Infrastructure Investment Bank (AIIB) will finance the USD29.35 billion Land Bridge megaproject. The bridge will connect Ranong and Chumphon which will include a motorway, rail links and port improvements.
