PUBLISHED: 27 Sep 2024 at 04: 00
The Expressway Authority of Thailand ( Exat ) will start forming public-private partnerships ( PPPs ) next year for the 20-billion-baht Srinakarin-Suvarnabhumi airport expressway project.
The new road is anticipated to start in 2030.
The second project-related public hearing was just held under the auspices of former deputy governor Katpachon Udomthampakdee.
He claimed Exat would gather all the necessary data after it had heard from all parties ‘ ideas so it could review the project’s specifics.
The writing procedure is anticipated to last three to four months. After that, the project is expected to become finalised.
The project’s budget is 20.7 billion ringgit. It may cover expenses associated with structure, style, guidance and environmental factors.
The project’s net present value is 6.1 billion baht, and its economic internal rate of return is 14.35 %, which means it is economically suitable. EIRR is 12 % as a standard.
The Srinakarin-Suvarnabhumi Airport road did move opposite to Inter-City Motorway No. 7. The northern section of the expressway will be included in the Srinakarin Interchange’s 8.95-kilometer increased section with four visitors lanes.
At an crossing on Rom Klao Road, the road may cut at both ends and continue to run along both sides of the intercity path. Therefore, a road connecting Suvarnabhumi Airport will be connected to the freeway.
The Srinakarin Interchange, the highway connected to Suvarnabhumi Airport, and a path close to King Mongkut’s Institute of Technology Ladkrabang did have three access points and exit points.
Both manual and electronic burden series systems will be used by Exat.
According to the company, it will complete its investigation on the project’s feasibility within this year. A statement will be produced after that regarding the environmental impact.