Transport Ministry issues stern warning to Rama II road contractors

13 Sept 14:19 Key points summarised by AI

Transport Minister Suriya Juangroongruangkit warned Rama II Road contractors of severe penalties, including being barred from future ministry projects or downgraded, if they fail to meet contractual deadlines.
The warning stems from widespread public criticism over significant construction delays, which are negatively impacting tourism to areas like Hua Hin and causing persistent traffic problems.
Minister Suriya is actively engaging with contractors to secure assurances for timely completion and plans an on-site inspection to personally oversee progress and public safety.
Both Move Forward MP Nattacha Boonchaiinsawat and Prime Minister Srettha Thavisin have urged the Transport Ministry to urgently review contracts, replace underperforming contractors, and tighten control over major projects.
Rama II Road, nicknamed the 'seven generation road' due to its nearly continuous construction since 1970, currently has three major projects underway, contributing to its ongoing challenges.

Thailand secures US$200m World Bank loan for clean energy and low carbon cities

Yesterday 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).