Thailand
Thailand was one of the founding members of the Asian Development Bank (ADB) in 1966 and is the 17th largest shareholder. Cumulative lending since joining ADB amounted to approximately $5.47 billion for 86 loans as of 31 December 2009. The energy sector has received the greatest share of the loans (31%), followed by transport and communications (24%); finance (14%); and water supply, sanitation, and waste management (11%). The balance is for projects in health and education, agriculture and natural resources, and industry and trade. Thailand has continued to engage with ADB mainly in the form of technical assistance (TA) and knowledge sharing. As of 31 December 2009, the cumulative amount of $61.6 million had been provided for 162 TA projects covering a wide range of sectors.
Signing Ceremony for GMS Highway Expansion ProjectKunio Senga, Director General of Southeast Asia Department, and, Pradit Phataraprasit, Deputy Finance Minister signed a $77.1 million loan agreement on June 11 to expand 178-kilometers national roads of Thailand from two lanes to four lanes. The project will help boost travel, tourism, and trade in the Greater Mekong Subregion, while reducing traffic accidents fatalities. ADB would also provide a $1 million technical assistance, finance by Japan Special Fund, to lay the groundwork for an intercity motorway network project.
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