Bangkok Seatizens : Transport Minister Suriya Juangroongruangkit announced the cancellation of the Phase 3 Northern Expressway project’s tunnel section after a financial study revealed negative returns, contrasting with its economic benefits. The Expressway Authority of Thailand (EXAT) decided not to proceed with the underground component, designed to connect the Si Rat Expressway to Ngamwongwan and Prasert Manukit roads.
According to thaiger : Transport Minister Suriya Juangroongruangkit announced the cancellation of the Phase 3 Northern Expressway project’s tunnel section due to a negative financial internal rate of return (FIRR), despite an economic internal rate of return (EIRR) of 19.2%. Consequently, the Expressway Authority of Thailand (EXAT) postponed the project, requiring financial viability for infrastructure developments. This decision balances economic benefits with financial feasibility.
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EXAT Cancels N1 Section; High-Speed Train Contract Pending
The Expressway Authority of Thailand (EXAT) cancels the N1 section of the Phase 3 Northern Expressway project due to financial infeasibility, despite its economic benefits. This 10.55-kilometre route, costing 49.22 billion baht, was planned to connect the Si Rat Expressway to Prasert Manukit Road. Deputy Transport Minister Surapong Piyachote seeks Prime Minister Paetongtarn Shinawatra’s approval for a crucial Thai-Chinese high-speed train contract. The signing faces delays due to concerns about Ayutthaya Station’s proximity to the historical park, even though the planned route does not intersect the UNESCO World Heritage site.
(Beam chayapon)
