Govt mulling future of SRT's Makkasan complex, Sommai says
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Finance Minister Sommai Phasee said Monday that the government was brainstorming the future of the State Railway of Thailand's 500rai (80-hectare) Makkasan complex, and a 100year concession including a 50-year extension is one of the scenarios being bandi
“The 50-50year model is being studied but there is no conclusion regarding the investment budget or its price yet,” he said.
Turning the area into a public park under a 30-year concession plus 30-year extension had been considered, but now that could be lengthened to a 50-year concession plus 50-year extension. This could increase the value of the land.
