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Saturday, April 27, 2024

City Hall rejects Green Line debt payment

The Green Line extension of the BTS skytrain. (Photo by Arnun Chonmahatrakool)

City Hall has shot down a proposal seeking to disburse nine billion baht of its budget to settle part of the debts incurred by Green Line electric train operations.

The proposal, by Bangkok deputy governor Pol Lt Gen Sophon Pisuthiwong, was deliberated by the Bangkok City Council which subsequently rejected it.

A 9.2 billion baht fund was sought to pay for outstanding debts owed for operating trains and maintenance of the Green Line’s On Nut-Bearing, Taksin Bridge-Bang Wah, the Bearing-Samut Prakan and Mor Chit-Saphan Mai-Khu Kot sections.

Thawatchai Fak-angkul, a Bangkok council member and chairman of the council’s finance and budget committee, objected to the proposal. The payment, if approved, would almost deplete City…

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