“The BMA has adhered to the laws,” he said.
The Pheu Thai Party recently complained of irregularities in the BMA’s decision to award the contracts to the Bangkok Mass Transit System (BTS).
“The BMA has signed contracts with Krungthep Thanakom, which is 99-per-cent owned by the BMA itself. The Council of State has interpreted that this firm is a state enterprise of the BMA,” Thirachon said.
He said it was just that this firm had decided to recruit the services of BTS, which currently operates the capital’s Skytrain system.
Although the value of the contracts was huge, he said no one should forget that the BTS invested in the construction of the infrastructure for 22 km of Skytrain services, and this infrastructure would become the property of the BMA at the end of its 30-year concession contract in 2029.
Thirachon expected the BMA to earn a huge amount of revenue from the Skytrain services later on.