Cabinet nod for BTS Joint Venture concession to construct Pink and Yellow Line rail routes
The Cabinet on Tuesday approved the awarding of a concession to BTS Joint Venture group to build the Pink Line rail route from Kai Rai to Min Buri district and the Yellow Line route from Lat Phrao to Sam Rong, at a combined cost of Bt100 billion.
The group comprises three listed companies: BTS Group Holdings, Sino-Thai Engineering and Construction, and Ratchaburi Electricity Generation Holding.
Under the concession, the government will invest Bt50 billion in the two projects by laying out an annual average of Bt5 billion over 10 years, with the remainder to be invested by BTS Joint Venture.
