Thai junta considers $93 billion transport planBy AP News Jun 14, 2014 3:41PM UTC
BANGKOK (AP) — The head of Thailand’s military junta says he is considering a 3 trillion baht ($93 billion) plan to build more rail lines and other infrastructure, adding more than $30 billion to a canceled project of the government it ousted.
Army commander Gen. Prayuth Chan-ocha told a meeting of civil servants Friday that “the 3 trillion baht project” was under discussion.
In March, a court struck down the previous government’s 2 trillion baht ($62 billion) plan as unconstitutional and said it would raise public debt to unacceptable levels.
The Bangkok Post reported Friday that the Transport Ministry’s new plan is based on the previous government’s model. But it eliminates plans for four high-speed rail lines and adds new water and aviation projects that have increased the cost to 3 trillion baht.