Property Abroad
Blog
SRT asks for 50 billion baht for rail projects

SRT asks for 50 billion baht for rail projects

SRT asks for 50 billion baht for rail projects

The State Railway of Thailand (SRT) is set to ask the Cabinet to approve more than 50 billion baht to fund the construction of a double-track rail section from Khon Kaen to Nongkhai and the extension of the Red Line electric line. The decision came after Transport Minister Surya Jangrangrit decided to fast-track key rail projects and submit proposals to the cabinet this month, SRT Governor Nirut Maniphan said on Monday.

Financing of railroad section

Governor Nirut said the funds would be used to finance the second phase of the double-track rail route connecting Khon Kaen and Nongkhai at a distance of 167 kilometers, with a total budget of 29.7 billion baht. Of the amount, 9 million baht is earmarked for hiring a real estate consultant, 369 million baht for land title management, 7 million baht for tendering, 28.7 billion baht for construction and 604 million baht for hiring a firm to oversee construction.

SRT also plans to hold a tender to find a private partner to build the Natha transloading center linking the Laos-China rail route to Nongkai, Mr. Niruth said.

Expansion of the Red Line electric line

In addition to the double-track railroad project, SRT plans to build three extensions of the Red Line electric line with a total budget of 21.7 billion baht, Mr. Niruth added. The construction of the 14.8 km long Taling Chan-Salaya section will require a budget of 10.6 billion baht. The cost includes building the railroad (8.07 billion baht), installing the electrical system and equipment (2.28 billion baht), and the rest to hire consultants.

The 5.7-kilometer-long Taling Chan-Siriraj section will cost 4.61 billion baht. The cost includes building the railroad (2.79 billion baht), installing the electrical system and equipment (1.67 billion baht), and the rest for consultants.

The 8.84-kilometer-long Rangsit-Thammasat University stretch on the Rangsit campus will require a budget of 6.46 billion baht.

Recommended real estate
Buy in Thailand for 331115£

Sale house in Pattaya 424 763,00 $

3 Bedrooms

4 Bathrooms

576 м²

Buy in Thailand for 82637$

Sale flat in Pattaya 82 637,00 $

2 Bedrooms

1 Bathroom

27 м²

Buy in Thailand for 4430200€

Sale house in Patong 4 698 696,00 $

6 Bedrooms

6 Bathrooms

400 м²

Buy in Thailand for 3673100€

Sale villa in Rawai 3 895 712,00 $

4 Bedrooms

6 Bathrooms

1000 м²

Buy in Thailand for 122000$

Sale flat in Rawai with sea view 122 000,00 $

1 Bedroom

1 Bathroom

35 м²

Buy in Thailand for 404600€

Sale land in Pattaya 429 121,00 $

3 Bedrooms

2 Bathrooms

246 м²

The cost includes construction of the railroad (4.05 billion baht), installation of the electrical system and equipment (2 billion baht) and consultants' fees.

The procurement of diesel trains.

With regard to the purchase of 184 air-conditioned diesel trains, Mr. Nirut said SRT is in talks with the National Economic and Social Development Office to determine the feasibility of the project. "The feasibility study showed that a purchase plan may not be feasible. In this case, no money should be invested on it," he said. "In the future, most countries in Europe will use hybrid or electric trains. "

Did you like the content of this article?

Comment