Signing of Japanese ODA Loan with Kingdom of Thailand

Construction News

Supporting development of Chao Phraya River crossing of east-west road network and further railway development to cope with growing transportation demand in the metropolitan area

signing of japanese oda loan with kingdom of thailand1. On September 28, 2010, Japan International Cooperation Agency (JICA) signed a Japanese ODA loan agreement with the Government of the Kingdom of Thailand in Bangkok to finance up to 7.307 billion yen for the Chao Phraya River Crossing Bridge at Nonthaburi 1 Road Construction Project, and also signed another Japanese ODA loan agreement with the Mass Rapid Transit Authority of Thailand to finance up to 16.639 billion yen for the Mass Transit System Project in Bangkok (Purple Line) (II).

2. The Bangkok Metropolitan Area, having a population of over 10 million, is not only a political and economic center of Thailand but also has remained as one of the most important leading cities in the Southeast Asia that attract a number of people to come, and promote trade in goods. The industrial activities in the Bangkok Metropolitan Area was enhanced owing to the economic recovery after the previous Asian currency crisis, and have brought about serious air pollution problems of automobile exhaust due to chronic traffic congestion. Therefore, alleviation of traffic congestion and development of a new urban railway network has become urgent challenges. Since the transportation demands in the west bank of Chao Phraya River along the proposed purple line would increase due to the future population increase and urbanization, the proposed two projects are expected to contribute significantly to the further development of the transportation network in the area.

ED – For full details of the two proposed Projects go to the source.


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