Bt14 billion earmarked for Chao Phraya Landmark project
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The government has earmarked Bt14 billion for the "Chao Phraya Landmark" roadway and recreational area project, whose construction contract should be signed by December so the project can be completed by July 2017, Bangkok Metropolitan Administration (BMA
In his capacity as the project coordinating committee’s secretary, Sanya said the committee meeting yesterday was told the project’s survey had found eight temples, 36 public and private piers, six schools or restaurants, 19 important venues and 268 riverside homes would be affected.
Of the Bt14 billion, Bt500 million will be spent to compensate those affected as well as cover demolition expenses and public hearings, while the survey and design would cost Bt120 million, the actual construction Bt13.136 billion and Bt250 million will cover construction consultants, he said.
This plan would be proposed to the Cabinet for approval next week.
