The Ministry of Transport has published an investment plan for 2022 and a long-term investment plan. One of the key projects is high-speed railways. Currently, it is planned to build roads covering the entire country, with a total length of 1,673 kilometers.
The two main projects are a high-speed railway invested by the Thai and Chinese sides and a road connecting 3 airports in Thailand.
The Thai-Chinese high-speed railway consists of several sections of track. The Bangkok - Nakhon Ratasima segment (253 km long) is under construction. The next segment Nakhon Karachasima - Nong Khai (356 km) is at the approval stage, planning has already been completed.
Another high-speed railway will connect 3 airports of the country: Suvannaphum (Bangkok), Don Muang (Bangkok) and Utapao (Pattaya). It is planned to complete the work by 2028. Public and private investments are involved in the construction.
The Ministry also outlined plans for the construction of roads along the routes Bangkok-Pitsanulok, Hua Hin - Surathanni, Sutrathani - Padang Besar.
The development of transport connecting different regions of the country is very important for such sectors of the economy as tourism and trade.
The construction of roads will lead to greater development of regions and a rise in the price of real estate along the routes of roads.
The construction of the Thai-Chinese road will attract even more Chinese investors to the country.