Monday, August 26, 2019

ToR for commercial area development at Bang Sue to be revised

Jul 31. 2019
Perspective of Bang Sue Grand Station/ Photo by: SRT
Perspective of Bang Sue Grand Station/ Photo by: SRT
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By The Nation

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The State Railway of Thailand (SRT) is to revise the terms of reference for the development of a 32-rai commercial area in Bang Sue worth Bt11 billion after private firms failed to submit project proposals yesterday, SRT’s acting governor Worawut Mala said late Tuesday.

He added that by 3pm on Tuesday, no private sector firms had bid to develop the commercial area at Bang Sue Grand Station, and SRT was thus proposing that the TOR be revised. . 

“We accept that there was apparently no private sector interest in joining the bidding so we have to delay the process to find a private developer. This could well delay the plan to open the commercial space in parallel with the launch of the station in 2021,” he said.

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