Bangkok: Pipat is preparing to discuss with the Ministry of Finance how to reduce the cost of the electric train extension. The decision is not solely up to two ministries, but the Attorney General is awaiting a response regarding contractual parties. He acknowledged concerns about public debt, fearing it will exceed the 70% ceiling.
According to Thai News Agency, Deputy Prime Minister and Minister of Transport, Mr. Phiphat Ratchakitprakarn, addressed the criticism of the adjustment of the electric train extension fares, stating that discussions will take place today on two areas. The first is the Purple and Red Lines, whose contracts expire on November 30th. The Prime Minister ordered on September 30th to appoint a joint committee between the Ministry of Transport and the Ministry of Finance. After the November 30th deadline, the Ministry of Transport will discuss any decisions with the Ministry of Finance.
Mr. Pipat stated that while the current high-priced extension project is ongoing, discussions will be held to determine how to reduce passenger costs for all electric trains, both in Bangkok and the suburbs, and whether it can be implemented within the four months of the Prime Minister’s announcement that Parliament will be dissolved on January 31, 2026. The Ministry of Transport and the Ministry of Finance will discuss and strive to ensure that the project is completed in time. However, the decision on whether or not it can be completed in time does not solely depend on these two ministries. The Attorney General, who is responsible for reviewing the contract, is also responsible for reviewing the contract. If a quick response is provided, it can be completed in time. However, if the contract cannot be reviewed in time, the Ministry of Transport will determine whether it can be implemented during the caretaker government or whether it can be brought to the attention of the caretaker Cabinet. He stated that he
cannot provide an answer at this time.
Regarding the government’s plans to use the budget to subsidize the problematic electric train lines, Mr. Pipat stated that the government’s policy is to implement a common ticket system, which requires a process. Currently, the MRTA only operates the Purple and Red lines. For other lines, such as those owned by BEM or BTS, negotiations must be conducted with the concessionaires. They will also need to consult with the Ministry of Finance on how to avoid impacting public debt. Our current problem is a public debt concern, as we are nearing the 70% ceiling.