ASEAN Construction Industry Outlook
- The Master Plan on ASEAN Connectivity 2025 includes a Rolling Pipeline of 19 major ASEAN infrastructure projects.
- Supported by the World Bank, these projects cover transportation, energy, and information communication technology.
- Three of such projects are in Thailand, namely, the ASEAN Digital Hub, the Hadyai – Sadao Motorway, and the Bangkok-Nong Khai high-speed railway.
Thailand Construction Industry Outlook
44 transportation related mega infrastructure development projects worth 2 trillion baht.
17 projects worth 782 billion baht approved by the cabinet and are now under construction.
Example: The Pattaya-Map Ta Phut motorway worth
16.7 billion baht
Under Construction
Public – Private Partnerships
2 projects worth 201 billion baht endorsed by the public – private partnership committee to be tabled for cabinet approval
Example: The 120 billion baht Orange Line western section, stretching from Thailand Cultural Centre-Bang-Khun-Non
Preparation
12 projects worth 412 billion baht approved by the cabinet and are now in preparation stage.
Example: The 220 billion baht high speed train project linking three airports
Waiting for Approval
13 projects worth 551 billion baht to be tabled
for cabinet approval
Example: The second phrase of double track rail upgrades
for seven route worth 262 billion baht.