The Business Times
Asean Business logo
SPONSORED BYUOB logo

Thai Cabinet approves 200b baht rail project to link airports

Published Wed, Mar 28, 2018 · 06:34 AM

[BANGKOK] Thailand's cabinet approved on Tuesday a high-speed railway project, expected to cost 200 billion baht (S$8.39 billion), that will link three airports, a government official said.

The approval comes at a time when surging tourist arrivals have put some strain on Thai infrastructure.

The rail link will connect the two airports in the Bangkok area - Suvarnabhumi International and Don Mueang International - with U-Tapao, built during the Vietnam War in the eastern province of Rayong.

Tourist receipts account for about 12 per cent of gross domestic product in Southeast Asia's second-largest economy.

The government expects 37.55 million foreign visitors this year after a record 35.38 million last year.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Asean

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here