OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Green Line train contracts between BTS and Krungthep Thanakom to be disclosed
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Green Line train contracts between BTS and Krungthep Thanakom to be disclosed
13 Sept 09:24Key points summarised by AI
Krungthep Thanakom (KT), the business arm of the Bangkok Metropolitan Administration (BMA), has agreed to publicly disclose its contracts and Memoranda of Understanding (MoUs) with Bangkok Mass Transit System PLC (BTS) for operating Green Line train extensions.
This decision follows long-standing demands from consumer protection groups, overcoming previous rejections by BTS and KT who cited commercially sensitive information.
The disclosed agreements cover two extensions: Phase Two (Wongwian Yai to Bang Wa, On Nut to Bearing) and Phase Three (Bearing to Kheha, Mo Chit to Khu Khot).
Details include KT's investment in Phase Two infrastructure with BTS funding operations and carriages, and the BMA authorizing BTS to operate Phase Three (with MRT-funded infrastructure) from 2017 until 2042, with no fees charged on certain routes due to jurisdictional issues.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Today 09:24Key points summarised by AI
Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).