The Bangkok Mass Transit System Plc (BTSC) and Bangkok Metropolitan Administration (BMA) are waiting for clarification from the Interior Ministry on the concession contract of the Green Line.
Surapong Laoha-Unya, chief operating officer of BTSC, recently said the BTS Skytrain concession extension for the line was approved in principle by the cabinet during a meeting on Tuesday. Mr Surapong said the ministry is preparing documents to clarify matters as requested during the meeting by attendees.
He said if the contract is officially renewed, BTSC will bear the BMA’s 100 million baht debt in exchange for the right to operate the skytrain for 30 more years, until 2059. The BMA owes the BTSC money over a number of ventures and properties, including 8 billion baht from the Green Line extension.
Mr Surapong said the fare will be capped at 65 baht per trip, which some may…
