Contracts for the first lot of projects approved under the Bt1.45t “Thailand: Investing from Strength to Strength” infrastructure programme should be ready for signature within three months. Chakrit Parapuntakul, deputy director-general of the Public Debt Management Office, said contracts for Bt200b worth of projects approved by the cabinet last month would be ready to be awarded within the next three months. Of the Bt12b worth of road maintenance projects proposed by the Highways Department, 70% were ready to award contracts now, with the rest likely to complete procurement procedures by November. For the 16- billion-baht rubberised asphalt roadway programme, contracts are expected to be all awarded by the end of next month. (Bangkok Post)
“Strength to Strength” projects closer to launch
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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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