Thailand aims to become logistics hub for AEC

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Bangkok BTSThailand’s eight-year plan to develop its transportation infrastructure at a cost of $75 brillion will turn the country into a key logistics hub in the ASEAN Economic Community (AEC) by the time the projects are completed in 2022, said Roengsak Tongsom, director of the Thai Rail Project Development Office.

The goal of the strategy to develop the logistics system and integrate all transportation platforms – rail, air, road and water – stretches beyond the country’s borders, as some of the projects form part of a plan to link the country’s transportation system with those of neighbouring countries, he said.

The first priority is to develop 10 rail routes in Bangkok and its suburbs, worth $22 billion in total, by 2019.

“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,” said Roengsak.

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 crucial lines will commence in fiscal year 2015, which runs from this coming October, 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, said the official.

The Nong Khai-Nakhon Ratchasima-Saraburi-Laem Chabang-Map Ta Phut route will support the logistics system from Map Ta Phut to the Lao capital, Vientiane, while the Chiang Khong-Den Chai-Baan Pahchi route will support the logistics system to Myanmar and southern China.

The infrastructure investment planned for greater Bangkok will transform the capital from an overcrowded city by expanding residential areas beyond the central business districts and into the suburbs, said Property Perfect CEO Chainid Adhyanasakul.

Once the infrastructure projects get under way next year, the listed residential developer will expand its investment in Bangkok’s peripheral provinces, in line with the mass-transit route expansion, he said.

Another listed developer, Sansiri, is also planning provincial expansion due to the state’s revived infrastructure spending plans.

“We suspended our investment in the provinces when the infrastructure investment programme was suspended. If the new government expands the investment to develop the country’s infrastructure in the provinces, we will be ready to expand our investment into new provinces [for Sansiri] that are located close to new infrastructure routes,” said the company’s president, Srettha Thavisin.

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Reading Time: 2 minutes

Thailand’s eight-year plan to develop its transportation infrastructure at a cost of $75 brillion will turn the country into a key logistics hub in the ASEAN Economic Community (AEC) by the time the projects are completed in 2022, said Roengsak Tongsom, director of the Thai Rail Project Development Office.

Reading Time: 2 minutes

Bangkok BTSThailand’s eight-year plan to develop its transportation infrastructure at a cost of $75 brillion will turn the country into a key logistics hub in the ASEAN Economic Community (AEC) by the time the projects are completed in 2022, said Roengsak Tongsom, director of the Thai Rail Project Development Office.

The goal of the strategy to develop the logistics system and integrate all transportation platforms – rail, air, road and water – stretches beyond the country’s borders, as some of the projects form part of a plan to link the country’s transportation system with those of neighbouring countries, he said.

The first priority is to develop 10 rail routes in Bangkok and its suburbs, worth $22 billion in total, by 2019.

“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,” said Roengsak.

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 crucial lines will commence in fiscal year 2015, which runs from this coming October, 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, said the official.

The Nong Khai-Nakhon Ratchasima-Saraburi-Laem Chabang-Map Ta Phut route will support the logistics system from Map Ta Phut to the Lao capital, Vientiane, while the Chiang Khong-Den Chai-Baan Pahchi route will support the logistics system to Myanmar and southern China.

The infrastructure investment planned for greater Bangkok will transform the capital from an overcrowded city by expanding residential areas beyond the central business districts and into the suburbs, said Property Perfect CEO Chainid Adhyanasakul.

Once the infrastructure projects get under way next year, the listed residential developer will expand its investment in Bangkok’s peripheral provinces, in line with the mass-transit route expansion, he said.

Another listed developer, Sansiri, is also planning provincial expansion due to the state’s revived infrastructure spending plans.

“We suspended our investment in the provinces when the infrastructure investment programme was suspended. If the new government expands the investment to develop the country’s infrastructure in the provinces, we will be ready to expand our investment into new provinces [for Sansiri] that are located close to new infrastructure routes,” said the company’s president, Srettha Thavisin.

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