The Thai Government is planning to send about 1.5 trillion baht (49 billion USD) on a number of projects to develop the country's infrastructure. It is expected that this investment will be implemented within the next three to four years.
According to the Minister of Finance of Thailand Surapong Suvarnabhumi, the funds will be directed to development of public transport, water supply and modernization of the international airport in Bangkok, transmits Associated Press.
In turn, Prime Minister Samak Sundaravey noted that the Government plans to buy a controlling interest (89%) ground network electric Bangkok Mass Transit System (BTS), and transmit it to the Metropolitan Authority.
To recap, the new government of Thailand began work earlier this month. C. Sundaravey led coalition government of the six parties, once led by the People's Power Party won the largest number of seats in parliament following elections in December 2007, C. Sundaravey became the first democratically elected leader in the country since the bloodless military coup in September 2006, when he was ousted Prime Minister Thaksin Shinawatra.
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