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Bangkok Property Boost – Orange Line Wins Cabinet Approval

condonearskytrainBangkok property has received a boost with the new Orange Line winning cabinet approval to go ahead. The cabinet has approved construction of the 82 billion THB Orange Line electric train route linking the Thailand Cultural Centre to Min Buri district in eastern Bangkok. The bidding process is expected to be completed in June.

The Transport Minister, Arkhom Termpittayapaisith said the cabinet has given the Mass Rapid Transport Authority of Thailand (MRTA) the go-ahead to build the proposed 21.2 kilometre Orange Line at a cost of 82.9 billion baht. He said the cabinet has instructed the MRTA to call for bids to find contractors by June so construction can begin this year.

About 94% of materials and equipment will be locally sourced. The rest will be imported (e.g. the elevators).

The Orange Line is one of several transport infrastructure projects currently ongoing. The government wants to ease heavy traffic and stimulate economic growth.

Source : Bangkok Post, 20th April 2016
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