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BEM rules out lower expressway tolls as proposed by Transport Minister

BEM rules out lower expressway tolls as proposed by Transport Minister

25 Sept 18:20 Key points summarised by AI
  • Bangkok Expressways & Metro (BEM) rejected the Transport Minister's proposal to cut expressway tolls by 5-10 baht, stating the company has already significantly aided the government.
  • BEM recently reached a compromise with the Expressway Authority of Thailand (EXAT), resolving a two-decade-long dispute over expressway fees and contracts.
  • The agreement extends BEM's concession to operate three expressways for another 30 years, in return for BEM dropping a 137.5 billion baht claim and undertaking new construction and maintenance projects.
  • BEM executives clarified that the proposed toll reduction is a separate issue from the dispute settlement and is difficult to implement, given the company's absorbed losses.
  • The BEM-EXAT compromise deal awaits cabinet approval, despite opposition from the State Enterprise Workers Relations Confederation questioning its benefits.
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