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MRTA invested in PPP, the first line of Korat, 7 billion “Safe One Market – National Protection Center” in exchange for 30 years of commercial and commercial development concessions. Private fear of government expropriation projects 1.1 million 3 points, Safe One and Deco market 2 other places this year, next year’s punch board maker, cabinet proposes, hopes to hammer the needle in 2022
Mr. Teeraphan Techasirinukul Deputy Governor for Strategy and Planning Thailand Mass Rapid Transit Authority (MRTA) said Nakhon Ratchasima Mass Transit Green Line Project, Safe One Market – Baan Naresawat Occupational Protection and Development Center, 11.15 km, with an amount of 7.115 million baht. The tram system runs on land, the entire route has 21 stations.
Board Maker – Cabinet Next Year
Steps after this The results of the study will be clearly summarized again and presented to the MRTA Board of Directors within this year. Then, it will be proposed to the Cabinet meeting (Cabinet) to approve the project in mid-2021, then the private selection process will begin for one more year before construction begins in August 2022, it is expected to take 3 years to be built. It will open at the end of 2025 and expects to have passengers from the first year to 9,920 people per day.
“The project model is a private investment (APP), net cost, the private sector is in charge of both the civil works, the system work, the purchase of cars and the project management for a period of 33 years, creating 3 years, the administration for 30 years, the fee starts at 10 baht, a maximum of 21 How much will the state subsidize? Under study in detail “
The expropriation cost 1,100 million
The project boundary is divided into 1. Expropriation rate and land ownership under the Safe One market station. To construct 1 park and amusement building and Baan Naree Sawat station To construct 1 park and ride building and 1 center maintenance (depo) with a budget of 1,180.21 million baht
2. The civil works cost 2,254.70 million baht 3. The electric train system cost 2,260.36 million baht 4. Vehicle acquisition fee 995.54 million baht 5. Management consulting fee and supervision of the construction 176.59 million baht 6. Provisional sum 248.08 million baht
As for the income from the collection of fees, it is definitely not enough. Therefore, individuals can obtain other income (non-tariff income) such as the rental of advertising space, the rental of commercial spaces. Parking fees, parking buildings, etc., which represent 5% of the passenger fee
Later this year, the approval of the EIA
The Environmental Impact Assessment (EIA) is in the process of preparing a final report (Final Report) and is expected to be presented to the Policy Office. And the Natural Resources and Environment Plan (ONEP) at the end of the year Without any problem of going through the old town in any way Because I had consulted with the Department of Fine Arts from the beginning of the project
The project is expected to have an economic return (EIRR) of 13% and a financial return (TIRF calculated at 5%) with a net present value (NPV) of -9,099.70 million baht.
Open line
For the project route, starting at Safe One Market Incoming side of Nakhon Ratchasima City Run down Mittraphap Road through Pak Thong Chai intersection. Turn right along the railway towards Suebsiri Road Soi 6, turn left across the railway line along Suebsiri Road, then turn right at Wat Mai Amphawan along Mayor Rd Mary Wittaya School Nakhon Ratchasima Railway Station Railway Head Intersection
From now on the road will split into 2 roads: the road along Pho Klang Road to the front of Thao Suranaree Monument Turn left onto Highway 224, pass Muang Nakhon Ratchasima school. Nakhon Ratchasima Vocational College Nakhon Ratchasima Kindergarten School Suranaree Wiit School and Samakkhi Temple Then turn left at Suranarai Intersection. Then head straight to Suranarai Road, passing Nakhon Ratchasima Rajabhat University and Isan Nakhon Ratchasima Rajamangala University. It ended in Baan Naresawat
Another way is the way back. From Baan Naresawat to Suranaree Intersection, use the same route as the exit, then use Chumpon Rd. And Jomsurangyat Rd. Then, take the same route as the one on the way to Save One Market
Thai-foreign private groups
The journalist reported that by organizing the Market Survey to test the interest of private companies, such as Ratch Group Public Company Limited, Don Muang Tollway Plc., Karnchang Public Company Limited, Gluck En Plc. Neyee, Limited Italian Thai Limited, Nawarat Patanakarn Limited Limited, Expressway and Bangkok Metro Public Company Limited (BEM), BTS Group Holding Public Company Limited (BTS), etc.
For foreign companies such as China Railway Construction, China State Construction Engineering (China), Siemens Mobility (Germany), Bombardier Transportation. (Canada), Itoshu Corporation, Mitsui & Co. (Japan), etc.
I can’t worry about the net cost.
Most were concerned about the investment, and a representative from Gulf Energy Plc. He asked the advisor if The investment model is PPP Net Cost in the study results are very risky. So I want to ask why this format is defined. The project consultant replied that, in fact, it was not yet clear whether to invest in Net Cost, but in this event. Knowing the power of the private as well as if doing the Net Cost will be fine or not, if not, other formats can be offered, which the Gulf representative does not offer in any clear way.
Representative of Bangkok Expressway and Metro Public Company Limited (BEM) asked the advisor if they could adjust the discount rate (Discount Rate) to 8-12% to be lower. Because that rate was considered too high and inconsistent with the current situation. The consultant replied that, in reality, the Discount Rate of the project is 5%, which is consistent with the current situation.
BTS wait and see
A representative from BTS Public Company Limited told “Prachachat Business” that he had not yet decided whether to invest in this project or not. Because the project advisers have not yet reached a clear conclusion. If the investment style will be PPP Net Cost or not or is it something else? So that the private sector can decide whether to invest well or not. Now, on the part of BTS, I would like to wait and see with this project.
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