Cabinet increases budget for Korat motorway

Phayao, Cabinet approves additional budget of 6,755 million baht for motorway construction project. Bang Pa-in-Saraburi-Nakhon Ratchasima Extending the period for incurring debt obligations beyond one year After finding a problem, the format must be corrected. Resulting in increased civil construction costs.Mr. Karom Phonphonklang, Deputy Spokesperson of the Prime Minister's Office, revealed that the Cabinet has approved the Department of Highways (DPWH) to increase the amount of debt obligations across the fiscal year. Intercity special highway construction project, Bang Pa-in - Saraburi - Nakhon Ratchasima, totaling 14 sections out of a total of 40 sections. Currently, there are construction works on 16 sections where problems have been encountered and the construction model needs to be revised. In the past, the Ministry of Transport has set up an engineering fact-finding committee to examine the suitability of the amendments. Change construction style and it was concluded that the format adjustment of t he project As a result, civil construction costs increased from the original 59,410 million baht to 66,165 million baht (an increase of 6,755 million baht).After on February 7, 2023, the Cabinet resolved to approve an increase in the budget only for the 12 sections of work that have not yet been constructed, with an amount of 4,970 million baht (the remaining 1,784 million baht must be approved by the Cabinet), as well as allowing the LTD to inspect. Examine the construction work in the part that was under construction before the contract amendment to be completed quickly. And on April 12, 2023, the Royal Thai Navy appointed a committee to inspect the project work. Increasing the cost of work As a result, the construction cost limit for a total of 40 episodes has increased from the original 59,410 million baht to 66,121 million baht, but is still under the construction cost limit according to the Cabinet resolution on March 8, 2016 (69,970 million baht).'The Cabinet considers approving an increase in the budget limit for commitment items across fiscal years. Intercity special highway, Bang Pa-in - Saraburi - Nakhon Ratchasima, 14 sections, a budget of 1,740 million baht and extending the period for incurring debt obligations across years, 10 sections, from fiscal year 2016 - 2020 to fiscal year 2016 - 2025, a total of 4 sections, extending the period for incurring binding debt. etc. From fiscal year 2016 - 2023 to fiscal year 2016 - 2025, 3 sections, extending the period for incurring debt obligations, etc. From fiscal year 2016 - 2024 to fiscal year 2016 - 2025, 3 episodes," Mr. Karom said.Source: Thai News Agency