
The project will be offered to the private sector through a public-private-partnership (PPP) concession.
This is subject to approval by the State Enterprise Policy Office (SEPO) of the results of a feasibility study on the project, according to the department's director of planning, Surachai Srilenawat. He said the feasibility study was expected to be complete by the end of the year.
The PPP Net Cost model is likely to be used, which would allow private companies to invest in the entire project from construction through operation and maintenance under a 30-year concession, he added.
The SEPO also approved putting the Bt30.5-billion 70km Hat Yai-Malaysia motorway project into the department’s 2015-19 investment plan under a PPP concession.