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Bangkok administration lacks funding to build three mass transit lines

21 Sept 05:20 Key points summarised by AI

The Bangkok Metropolitan Administration (BMA) has decided to scrap the construction of three mass transit projects—the Silver, Grey, and Light Blue lines—due to a severe shortage of funds.
These unfunded projects, totaling significant lengths and stations, will be transferred to the Ministry of Transport for potential implementation.
Deputy Bangkok Governor Wisanu Subsompon confirmed the BMA's financial constraints, stating the city will only proceed with the 7.5-km Green Line extension from Bang Wa to Taling Chan, estimated at 7 billion baht, prioritizing other beneficial projects for residents.

Yesterday 09:24 Key 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).