Talks underway to cut toll on Ngamwongwan-Rama 9 expressway

13 Sept 11:23 Key points summarised by AI

Thai authorities are negotiating with concessionaire BEM to reduce the maximum toll on the Ngamwongwan-Rama 9 double-deck expressway from 90 baht to 50 baht, aiming for implementation by August.
The new toll structure will range from 25 to 50 baht, eliminating current 25-baht out-bound tolls and significantly cutting in-bound tolls at key plazas like Prachachuen (from 65 to 50 baht) and Asoke (from 50 to 25 baht).
To compensate BEM for lost revenue, the Expressway Authority of Thailand (ETA) plans to extend the concession for the expressway's first and second stages and is considering adjusting the revenue-sharing ratio.
The Transport Ministry also intends to extend the Ngamwongwan-Rama 9 double-deck expressway further to alleviate critical traffic congestion on the Si Rat expressway, particularly in the Phaya Thai section.

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

Today 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).