Pink Line monorail might be a bad investment: Samart

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Pink Line monorail might be a bad investment: Samart

The Nation 

 

BANGKOK: -- THE PLANNED Pink Line monorail project might be not worth investing in due to a lack of passengers, and could follow the same fate as the recently opened and underused Purple Line, a transport expert has warned.

 

Samart Ratchapolsitte, who is also a former Democrat Party MP, posted on his Facebook page yesterday, saying there might be only a few private companies, or none at all, interested in bidding for the project by the November 7 deadline.

 

Full story: http://www.nationmultimedia.com/national/Pink-Line-monorail-might-be-a-bad-investment-Samar-30296742.html

 

-- © Copyright The Nation 2016-10-03

[HoboKay]

Not so smart now since not investing in education resulted in bad administration for generations to bear. 

 

 

[oscar888]

In other countries called some people idiots but in Thailand called  engineers.

[brucec64]

Will the current government be held personally financially responsible if this program produces losses?

[Estrada]

Far from there only being a few companies, if any, interested in bidding, there are too many companies interested in investing in these projects. So now's the time to put the frighteners on so that he hopes that BTS and BEM have less competition. Already 9 companies have picked up bidding documents. As for profitability, they said the same thing about the BTS being a waste of time and would never make a profit when it opened with only 200,000 passengers/day. Now the same people are complaining it is over capacity at 755,000+ passengers/day! The Pink line monorail will certainly make thing easy for going to Immigration at Changwattana, Impact Exhibition and Arena as well as Pakred. It links with the Pruple line so that will boost passenger numbers for both lines as will the Purple line Phase II to Prapadaeng..

[natway09]

Monorails are a disaster just about anywhere built. 2 tracks boys