Citing According to , it was disclosed yesterday that the existing Thai Cabinet has chosen to pass the accountability 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 advised the cupboard the debt BMA must settle with BTS Group Holdings. This is due to the commissioning of BTSC to oversee the operations for the extension of the Green Line and its value is estimated to be around 78 billion baht.
The Cabinet recognised the unresolved debt and agreed to transfer it to the succeeding authorities for decision, acknowledging that it was past the reach of the interim government to rectify.
BMA, in mild of this development, eagerly anticipates government intervention to resolve the debt scenario. Bangkok Governor Chadchart Sittipunt relayed that the BMA had sent a letter to the Interior Ministry pleading for the government’s assistance in untangling the problems concerning 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 together with the expenses attributed to the electrical and mechanical (E&M) set up work. The worth of these bills is roughly 20 billion baht. He added that the BMA was incapable of managing these costs independently.
Sittipunt claimed that BMA was mentally and financially prepared to deal with the E&M set up debt but insisted that this determination had to obtain approval from the BMA council first..