First mobile cabinet meeting expected to approve the second phase of 10,000 baht handout
100 Billion Baht Projects Await Cabinet Green Light by Year-End
The Ministry of Transport is anticipating the Cabinet's approval for four projects worth 109 billion baht by the end of December 2024. These projects include the Bang Khun Thian-Bang Bua Thong motorway, the Don Mueang Tollway extension, and the Red Line extension to Thammasat University Rangsit. In early 2025, nine more projects, including expressways, motorways, double-track railways, and the second phase of the high-speed rail, are expected to be proposed for continuous investment. The first mobile cabinet meeting is expected to approve the second phase of the 10,000 baht digital cash handout.
Suriya Jungrungreangkit, Deputy Prime Minister and Minister of Transport, revealed that the fourth meeting of the committee driving and monitoring key projects under the policies of the Minister of Transport and Deputy Minister of Transport reviewed infrastructure investment projects to be proposed to the Cabinet. Five projects have passed relevant agencies' reviews and are awaiting inclusion in the Cabinet meeting agenda. These projects are expected to receive Cabinet approval by December 2024.
These include two land transport projects:
1. Bang Khun Thian-Bang Bua Thong Expressway (Motorway No. 9, Bangkok Outer Ring Road (West) ): 56.035 billion baht
2. Don Mueang Tollway Extension (Rangsit-Bang Pa-in): 31.358 billion baht
Two rail projects are also included:
1. Red Line Commuter Train Extension (Rangsit-Thammasat University Rangsit Center): 6.47398 billion baht (submitted to the Cabinet for review and budget adjustment)
2. Draft Act on Common Ticket Management System: proposed by the Office of Transport and Traffic Policy and Planning (OTP), expected to be included in the agenda on December 3, 2024.
One air transport project is also on the list:
1. Warehouse Service at Suvarnabhumi Airport: 15.253 billion baht
Nine More Projects to be Proposed in Early 2025
Additional projects are currently undergoing review by relevant agencies, including the Ministry of Finance and the National Economic and Social Development Council (NESDC), before being presented to the Cabinet. These are expected to be proposed in early 2025:
1. Chalong Rat Expressway - Bangkok Outer Ring Road (East): 16.960 billion baht
2. Bangkok Outer Ring Road Motorway (Bang Bua Thong-Bang Pa-in): 16.986 billion baht
3. Phuket Expressway Phase 1 (Kathu-Patong) or Patong Tunnel Project: 16.190 billion baht
4. Clean Energy (EV) Bus Rental Project
5. Review of Cabinet Resolution and Request for Approval to Combine the Red Line Commuter Train Project (Taling Chan-Salaya) with 3 Additional Stations and the Light Red Line Commuter Train Project (Taling Chan-Siriraj): 15.17621 billion baht
6. Approval for the Cooperation Project between the Thai and Chinese Governments to Develop the High-Speed Rail Linking Regions (Bangkok-Nong Khai): 357 km, 341.35142 billion baht
7. Construction of Phase 2 Double-Track Railway (6 routes): 245.535 billion baht
8. Procurement of 946 Freight Carriages: 2.450 billion baht
9. Development and Management of Expressway Rest Areas in Bang Porong: by the Expressway Authority of Thailand (EXAT)
First Mobile Cabinet Meeting to Approve 10,000 Baht Handout Phase 2
The first official mobile cabinet meeting of the Paetongtarn Shinawatra government, scheduled for Friday, November 29, 2024, in Chiang Mai, will address several key issues. In addition to the National Rice Policy and Management Committee's (NRPMC) approval of financial aid for farmers (1,000 baht per rai, up to 10 rai per household, or a maximum of 10,000 baht per household) with a budget of 38 billion baht, the meeting will also consider a proposal from the Ministry of Finance. This proposal seeks approval for a second phase of the digital cash handout policy to stimulate the economy. This phase targets 3-4 million people aged 60 and above, allowing them to spend the handout before the 2025 Chinese New Year.
Source: Manager Daily 360 degrees Newspaper, November 29, 2024
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