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BEM expressway operation concession extensions approved by cabinet

BEM expressway operation concession extensions approved by cabinet

13 Sept 13:51 Key points summarised by AI
  • The cabinet approved extending Bangkok Express Metro (BEM) expressway operation concessions.
  • This extension resolves 17 pending court cases, with BEM agreeing to withdraw claims against the state's Expressway and Rapid Transit Authority of Thailand (ETA) for over 78 billion baht.
  • The legal dispute originated from ETA's refusal to allow BEM to adjust toll fees and the construction of competing expressways.
  • Concessions for the Srirat and Bang Pa-in-Pakkred expressways are extended for varying periods, with all contracts now set to expire on October 31st, 2035.
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