Investment in the project will proceed under the PPP Fast Track process, Pantip Sripimol, an adviser for state-enterprise development at the State Enterprise Policy Office, said after the panel’s meeting on Monday.

The committee also approved PPP Fast Track investment to develop residential projects around the capital’s mass-transit system.

These will be developed by the National Housing Authority and the private sector at a combined cost of Bt4.23 billion, Pantip added.