Minister says operator of Si Rat route would agree to cut tolls and build new road
PUBLISHED : 15 Oct 2024 at 20:30
Transport Minister Suriya Jungrungreangkit says he expects a proposal to extend the concession for the Si Rat expressway by another 22 years will win cabinet approval with an agreement signed by December.
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Minister says operator of Si Rat route would agree to cut tolls and build new road
PUBLISHED : 15 Oct 2024 at 20:30
Transport Minister Suriya Jungrungreangkit says he expects a proposal to extend the concession for the Si Rat expressway by another 22 years will win cabinet approval with an agreement signed by December.
The current concession held by SET-listed Bangkok Expressway and Metro (BEM) for operating the road, also known as the Second Stage expressway, from Ngam Wong Wan to Rama IX, is due to expire in October 2535.
The proposed extension comes with a condition that BEM invest in constructing a double-deck expressway over the existing route, at an estimated cost of 34 billion…