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Hatchet buried with expressway concession extensions


The Expressway Authority of Thailand (EXAT) and Bangkok Expressway and Metro Public Company Limited (BEM) will likely formalise an extension of two BEM expressway contracts this week, EXAT chairman Surong Bulakul said on Wednesday (February 19).

The Cabinet on Tuesday approved a Transport Ministry proposal to extend the concessions so they expire at the same time, at the end of October 2035, in exchange for BEM dropping 17 legal complaints against EXAT.
One contract involves the Si Rat Expressway, also known as the Second Stage Expressway, and its Sectors A (Rama 9-Ratchadapisek), B (Phayathai-Bangkhlo), C (Ratchadapisek-Chaeng Watthana) and D (Bang Pa-in-Pakret).
Concessions for Sectors A, B and C were originally scheduled to expire at the end of this month and for Sector D in April 2027.
The second contract involves the Udon Ratthaya Expressway (Bang Pa-in-Pakret Expressway), with the original concession ending in 2026.

Published : February 20, 2020

By : THE NATION