Please enable JavaScript.
Coggle requires JavaScript to display documents.
BTSC advised to cap train fares at B65 (The Bangkok Metropolitan…
BTSC advised to cap train fares at B65
The Bangkok Metropolitan Administration
or BMA
is negotiating with
the Bangkok Mass Transit System Plc
or BTSC
which operates the skytrain network
to cap train fares at 65 baht
as a condition of being granted a 30-year contract to operate the entire system
after its concession for the original route ends in 2029.
is the sole concessionaire of the original Green Line
or the skytrain network
which has two routes:
the Sukhumvit Line
running from Mo Chit to On Nut
the Silom Line
running from the National Stadium to Saphan Taksin.
The 30-year concession ends in 2029.
The company
has also been awarded
operating and maintenance agreements
for two Green Line extensions:
the 5.5km On Nut-Bearing extension to the Sukhumvit Line
the 7.5km Saphan Taksin-Bang Wa extension to the Silom Line.
A source at the BMA
said
City Hall is considering awarding the contract from 2030-2059, under the public-private partnership (PPP) model to the BTSC with a condition that train fares are kept at a maximum of 65 baht until 2029.
This means the BMA and the BTSC will have to revise terms of existing contracts for the original route and the extensions, some of which have been put into service
"We expect to finalise talks with the firm next year and sign the deal before 2020. But the PPP contract will not start until 2030,
According to the source
fares under the new PPP contract will be reviewed later based on a number of factors including the number of passengers and the rate of inflation.
has also signed
an agreement to hire the BTSC to operate and maintain another two extensions:
Bearing-Samut Prakan
Mo Chit-Saphan Mai-Khu Khot.
These routes are not operational yet.
These extended routes
routes branching off from the core network were built
or MRTA
at a cost of 60 billion baht
and the BMA is seeking transfer of ownership from the MRTA.