Green light for Bang Sue station development

business March 07, 2018 22:23

By The Nation

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The Public-Private Partnership Committee meeting on Wednesday approved in principle the State Railways of Thailand’s plan to commercially develop Plot A of the agency’s land plot in Bang Sue electric train station, totaling 32 rais.

The private sector will invest on a build-operate-transfer (BOT) basis and can operate the project for 30 years. The investment cost is Bt15.4 billion.

The project is part of the draft master plan for the development of the transportation hub in Phaholyothin area, which will turn it into a centre of transport and business district.

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