THAILAND: Sad news reaches us from the city of eternal metro planning: the Thai government appears to have dashed any remaining hopes of resurrecting Hopewell Holding's ambitious Berts project to build a 60 km network of elevated transit lines in Bangkok with motorways on top.
With only rows of concrete piers on isolated parts of the alignment to show for its efforts, Hopewell says it has spent around US$600m and 'will be seeking appropriate compensation'.
Needless to say, the Thai cabinet has approved 700m baht to turn much of the Berts alignment into a four-lane road.
