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“Transportation” shows information about “Bangkok” to expand the green line train concessions. You don’t have to renew the 30-year contract, suggest a mutual fund like TFF to raise funds to pay off 9.3 billion debt instead of shedding the burden on the private sector to open the Gross PPP Cost, a purple line, indicating that there is more than 400 billion in funds for the state, according to BTS the fee is 4,600 more expensive than MRT Baht / year / person
The reporter reported that of the case that the House of Representatives Transportation Commission resolved to disagree with the renewal of the MRT Green Line Concession Contract on November 26, 2020, arguing that the extension of the concession contract, the public did not benefit Due to the relevant departments In particular, Bangkok cannot provide sufficient reasons for three issues.
Including: 1. The maximum rate set at 65 baht is too expensive. It must be specified at 45 baht because this line has reached breakeven
2. Using the reason that the private sector must bear more than 107 billion baht in debt instead of Bangkok. Since the Ministry of Finance can guarantee and seek sources of financing. Because the electric train is a public service Losses are normal.
AND 3. Renewal of said contract Have revision in the material part, although the concession has not expired Cause a new contract to overlap the previous one
Communication opens the information debate
It was revealed by a source in Congress. “Prachachart Business” that the meeting of the Transportation Commission The Ministry of Transportation has proposed a project management guide. With BMA’s debt burden calculated as of 2020, Bangkok will have a total liability of 53 billion baht, divided into 45 billion baht for the construction of the extension and 8 billion baht for vehicle wages.
And it is predicted that at the end of the concession in 2029, liabilities will increase to 93 billion baht, divided into 45 billion baht for the construction of the extension and 48 billion baht for bus salaries (calculating the salaries of the vehicles during 2020 – 2029). These liabilities do not include interest. And deduction of income received for extensions
Suggest the creation of a fund similar to the TFF to assume debt: rent a car
There are two approaches to solving financial problems: the government has allocated a budget of 93 billion baht for the payment of debt after the year 2029 when the concession expires. Therefore, all projects were launched for a new auction at PPP Gross Cost, the same as Purple Line or the government established a fund to raise money from future income to pay debts to Bangkok and operating salaries until 2029, as a mutual fund. from Thailand. Future Fund (TFFIF) with Expressway Authority of Thailand (EXAT) is the administration of the Capital Fund. And when the contract expires, it will be re-auctioned as PPP gross cost
That the Ministry of Transport considers that line 2 can better solve the problem Because in the original contract of the vehicle that will expire in the year 2585 it is calculated that When the main concession contract expires in 2029, during 2030-2042, the remaining net income it will be generated between 2030-2042 and the amount of 196,000 million baht. Bangkok during that time, totaling 76 billion baht, money will remain as revenue in the state up to 110.2 billion baht.
And when the vehicle contract expires in 2585, during the year 2043-2602, it will use the investment fund as the basis for managing the project and for renting a vehicle. It is expected to have a total income of 414,000 million baht, after deducting the salaries from the Gross Cost of the PPA, there will be 270,000 million baht to be delivered to the state.
In this sense, the hiring of a vehicle must use an auction channel so that individuals can compete. This is likely to get you a quality service provider and cost less than current negotiations.
BTS is more expensive than MRT 4.6 thousand baht / year.
When solving tariff problems, the Ministry of Transport concluded that problem. Currently, the average fare of the Green Line train is more expensive than the electric train operated by the Mass Rapid Transit Authority of Thailand (MRTA) for 7 baht / day, if you think it is a day trip (one way return), it will cost more than 14 baht / day. 4,620 baht / person / day
The average fare (4 stations) of the Green Line train is 30 baht, while the MRTA is only 23 baht and when the concession contract expires in 2030, the number of passengers of the Green Line train is expected to increase to 1.9 million. People travel Will cause increased burden on the public 4.4 billion baht / year
Check Bangkok, request more information
However, because BMA has not provided complete information in many places, Bangkok is requested to send 9 additional sets of information to the Ministry of Transport. Able to accurately analyze and find ways to reduce the fee burden
For information that is still missing include
- Passenger volume Rates and rate adjustments
- Income from fees and business development
- Investment value in the electric train system and its related parts
- Operating cost
- Salary
- Return of investment
- Financial expenses and participation in state income
- Draft a new risk agreement and all existing contracts.
- The results of a comparative study between state cases With the case of private parties to do
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