Bangkok’s Green Line railway debt passed onto incoming government

Citing a Government House authority, it was disclosed yesterday that the prevailing Thai Cabinet has chosen to move the duty of resolving the debt affiliated with the Bangkok Metropolitan Administration’s (BMA) contract with Bangkok Mass Transit System Plc (BTSC) onto the incoming authorities. The obligation arose from assigning BTSC to supervise the operations of the Green Line extension.
Interior Minister Anupong Paojinda informed the cabinet the debt BMA must settle with BTS Group Holdings. This is because of the commissioning of BTSC to oversee the operations for the extension of the Green Line and its worth is estimated to be round seventy eight billion baht.
The Cabinet recognised the unresolved debt and agreed to transfer it to the succeeding authorities for resolution, acknowledging that it was beyond the attain of the interim authorities to rectify.
BMA, in gentle of this improvement, eagerly anticipates authorities intervention to resolve the debt situation. Bangkok Governor Chadchart Sittipunt relayed that the BMA had despatched a letter to the Interior Ministry pleading for the government’s assistance in untangling the problems regarding the Green Line extension.
The BMA, Sittipunt additional explained, had pleaded with the federal government to shoulder the costs accrued from establishing the Green Line’s infrastructure along with the bills attributed to the electrical and mechanical (E&M) installation work. The value of these bills is approximately 20 billion baht. He added that the BMA was incapable of managing these prices independently.
Feast claimed that BMA was mentally and financially ready to handle the E&M installation debt but insisted that this determination needed to obtain approval from the BMA council first..

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