Ministries eye concessions for Bangkok train lines

Quick Summary:

The Finance Ministry and Transport Ministry have begun exploring the idea of acquiring the concessions for seven electric train lines, valued at roughly 500 billion baht, to bring them under state ownership.

In addition, the Transport Ministry is considering implementing fees for driving into Bangkok's inner city to reduce traffic congestion and encourage more use of public transport.

Former premier Thaksin Shinawatra expressed support for the 20-baht flat fare project, suggesting train concessions should be nationalised, with private firms managing the operations while the government sets the fares.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Valued Baht Ministry Policy Train Billion Concessions Transport Finance Line Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 05:39:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22520935

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