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Bangkok Pays Off 23 Billion Baht BTS Debt, Seeks Government Support for City Development – Exclusive Update

Bangkok has paid off the 23 billion baht BTS debt and is about to write a letter to the government, hoping to boost confidence in the private sector. Join to invest in the development of the city.

On April 4 at Bangkok City Hall, Giant Swing Mr Chatchat Sitthiphan The governor of Bangkok (Bangkok) revealed the progress. Debt payment to Bangkok Mass Transit System Public Company Limited or BTSC BTS Skytrain Service Provider in Transportation System Work (Electrical and Mechanical or E&M) Green Line Extension 2 Project

Mr Chatchat said BMA has already issued a check payable to Krungthep Thanakom Company Limited (KT) on April 2. It is believed to have been carefully scrutinized, with the Bangkok Council setting up a committee to review it until it was enacted as a Bangkok Metropolitan Ordinance. It also set up a committee to verify accuracy before payment was made. For the maximum benefit of the people

“I hope to build confidence that the private sector is actually important in the development of the city. In the future there will be people who come to invest in various projects. Due to budget Bangkok may not be enough. building cooperation Building mutual trust, transparency and accountability IS important.” Mr. Chatchat said

side Mr. Wisanu Supsomphon Deputy Governor of Bangkok That said, regarding the E&M debt, it is believed to have been paid in full and there is no balance owed. and received the system working as if it were his own Bangkok has already been completed and from now on Bangkok will have to submit a written report to the Ministry of Interior. And the Cabinet (Cabinet) acknowledged that Bangkok has already taken action.

The journalist reported that amount of money Bangkok paid to KT an amount of 23,312,577,476.49 baht. As for the payment of debt to BTS, it is KT’s job. which is a contract between them

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