The Department of Highways of Thailand has signed the PPP agreement with the selected consortium BGSR for the operation & maintenance (O&M) of two intercity motorways.
The two roads are the Intercity Motorway No. 6, between Bang Pa-In and Nakhon Ratchasima, and the Intercity Motorway No. 81, connecting Bang Yai and Kanchanaburi. With a combined budget of THB39.14 million (US$1.16 million), both projects are expected to start operations in 2023.
The BGSR consortium is formed by BTS Group Holdings Plc. (40%), Gulf Energy Development Plc. (40%), Sino-Thai Engineering & Construction Plc. (10%) and Ratch Group Plc. (10%). The contract for O&M is awarded for a period of 30 years.
Country updates
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August 16, 2021
Investors sought for Map Ta Phut deep sea port concession
Industrial Estate Authority of Thailand (IEAT) is inviting potential investors to invest in the development of third phase of Map Ta Phut deep sea port. IEAT will present the terms of references to th...
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May 27, 2021
Mavenir to develop 5G open RAN network for Thailand's first smart city
Mavenir is working together with National Telecom Public Company Limited (NT), a state-owned telecommunications company, 5GCT, and Cisco Systems (Thailand) to launch the first 5G O...
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May 07, 2021
Development progress in US$7.24 billion high-speed rail PPP
Italian-Thai Development Company has started early works on Bangkok-Nong Khai high-speed rail PPP project in Thailand. State Railway of Thailand signed the contract for civil works of the hi...
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April 27, 2021
Thailand plans to develop off-shore LNG regasification plant
Electricity Generating Authority of Thailand (EGAT) and PTT Global have started a feasibility study for the development of a floating storage re-gasification unit (FSRU) in the Gulf of Thail...
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April 07, 2021
Thailand to sign three contracts for Thai-sino high speed rail PPP
State Railway of Thailand has scheduled to sign three contracts under Thai-Sino high-speed railway line connecting Bangkok and Nakhon Ratchasima. This 253 km long railway line will be developed u...
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