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Bangkok’s Green Line railway debt passed onto incoming government
Image courtesy of Khaosod English Citing a Government House authority, it was disclosed yesterday that the existing cabinet has chosen to pass the responsibility of resolving the debt affiliated with the Bangkok Metropolitan Administration’s (BMA) contract with Bangkok Mass Transit System Plc (BTSC) onto the incoming government. The obligation arose from assigning BTSC to oversee the operations of the Green Line extension.
Interior Minister Anupong Paojinda communicated to the cabinet the debt BMA is obligated to settle with BTS Group Holdings. This is due to the commissioning of BTSC to oversee the operations for the extension of the Green Line and its worth is estimated to be around 78 billion baht.
The cabinet recognised the unresolved debt and agreed to transfer it to the succeeding government for resolution, acknowledging that it was beyond the reach of the interim…
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