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Thailand targets competitive infrastructure with $50bn plan

An elevated railway under construction in Bangkok.

BANGKOK -- Thailand looks to drastically expand railways, highways and other core infrastructure in the coming years, aiming to make itself more appealing to investors by lowering logistics costs.

     The government plans to spend around 1.8 trillion baht ($50.8 billion) on 20 major infrastructure projects by 2022. Bidding will be completed by the end of 2017, with construction to begin soon after.

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