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AI, big data technology used in pilot project to ease Bangkok's traffic congestion

14 Sept 00:43 Key points summarised by AI

Bangkok initiates a five-year pilot project leveraging AI and big data technology to alleviate traffic congestion on four major roads: Rama IV, Sukhumvit, Charoen Krung, and the Victory Monument area.
The project utilizes real-time traffic flow data from sensors at intersections, processed by big data analytics, to optimize traffic control and continuously refine congestion resolution strategies.
Future enhancements include installing smart electronic boards to provide motorists with real-time information such as available parking spaces and seeking cooperation from building owners for temporary parking during peak hours.

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.