BSR ready to invest on Yellow Line extension, but will not pay for MRT’s loss of commuters

[rooster59]

BSR ready to invest on Yellow Line extension, but will not pay for MRT’s loss of commuters

By The Nation

 

 

BTS Group Holdings (BTS) has written to the Mass Rapid Transit Authority (MRTA) to state that the BSR Joint Venture is ready to invest in the construction of the 2.6-kilometre Ratchada-Lat Phrao extension to the elevated Yellow Line.

 

 

Surapong Laoha-Unya, executive director of BTS Group Holdings, said BSR will also spend approximately Bt3 billion to link the Yellow and Green MRTA lines.

 

“BSR is ready to invest in this project because the study results were approved by the committee for land-traffic system management and already added in the rail-transport system development master plan,” he said.

 

“BSR still maintains the offer to share revenue with MRTA if the number of commuters using the Yellow Line rises.”

 

Surapong said the Bangkok Expressway and Metro (BEM) has complained that the MRTA Yellow Line extension will take commuters away from the MRT.

 

“However, we cannot compensate BEM if the MRT loses commuters. Hence, we have decided to invest in this project on our own and are ready to share revenue with the MRTA. So, it depends on MRTA if it wants to accept this offer,” he said.

 

He added that the plan to extend the MRTA Yellow Line should be studied before the service opens in 2021. “If the construction is not completed in time, we may have to cancel the offer,” he said.

 

Meanwhile, Pakapong Sirikantaramas, MRTA governor, said the agency was still waiting for BSR and BEM to decide on whether the Yellow Line extension will go ahead.

 

"According to our study, the number of commuters using the MRT Blue Line will drop by approximately 6,000 people per day once the MRTA Yellow Line starts running," he said.

 

Source: https://www.nationthailand.com/business/30390368

 

-- © Copyright The Nation Thailand 2020-06-27

 

- Whatever you're going through, the Samaritans are here for you

- Follow Thaivisa on LINE for breaking COVID-19 updates

[snooky]

Why is it so necessary to explain with all the holding companies such as BTS, BEM, MRT , BES as very few reading this news will care (except the companies involved who want their names in print.)  Why not say the connection between the yellow line and the green line will cause a loss of revenue on whatever, then put a picture/diagram of the lines involved and all will be told so simply?

[khunjeff]

18 hours ago, snooky said:

Why is it so necessary to explain with all the holding companies such as BTS, BEM, MRT , BES as very few reading this news will care (except the companies involved who want their names in print.)  Why not say the connection between the yellow line and the green line will cause a loss of revenue on whatever, then put a picture/diagram of the lines involved and all will be told so simply?

Because almost all "news"  articles here are actually just verbatim transcriptions of press releases or statements by officials, with no additional explanation, analysis, or context.

[pegman]

All this going on but still cannot get to D.M. by any line.