Bt3.5-bn solution sought for extension of Bangkok’s Green Line

[webfact]

Bt3.5-bn solution sought for extension of Bangkok’s Green Line
By THANATPONG KONGSAI
THE NATION

 

 

BANGKOK: -- THE BANGKOK Metropolitan Administration (BMA) will propose to the Bangkok Metropolitan Council (BMC) a sum of Bt3.5 billion to cover the asset transfer of the Green Line’s extensions between the Mo Chit-Kukot and Bearing-Samut Prakan sections.

 

“The asset transfer should be made before the end of March as scheduled,” said Suthon Anakul, deputy director of the BMA’s Traffic and Transportation Department.

 

The money, which will be paid to the Mass Rapid Transit Authority of Thailand (MRTA), covers land ownership, real estate surveys, advisory services in accordance with PPP law, advice on design and selection, civil engineering work, and local taxes. 

 

The council, which holds its ordinary annual meeting today, will consider whether to allow the BMA to spend retained funds of Bt3.2 billion on urgent business given the shortfall in its annual budget for the 2017 fiscal year, BMC chairman Pol Sub-Lieutenant Krengsak Lohachala said.

 

Full story: http://www.nationmultimedia.com/news/national/30305903

 

-- © Copyright The Nation 2017-02-08

[Srikcir]

4 hours ago, webfact said:

Bt3.5 billion to cover the asset transfer

Take it out of the vanishing foreign reserves - more useful than tanks and submarines.

[elgordo38]

2 hours ago, Srikcir said:

Take it out of the vanishing foreign reserves - more useful than tanks and submarines.

I was enjoying the morning till you started talking sense. I hate when I have to switch from nonsensical to common sense it hurts my head.