Thailand says optimistic transport spending will resume

March 13, 2017 By Orathai Sriring BANGKOK (Reuters) – Nearly two years after Thailand’s junta approved $40 billion for big transport projects to spur economic revival, it has spent barely two percent of that, official figures show. The first of the 20 projects in the junta’s big transport spending plan was approved in May 2015. By late January only 26.6 billion baht ($760 million) had been spent on them, documents from ministries showed. Projects are being held up by unforeseen delays for feasibility studies, bidding, procurement and changes to key…

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