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Thai Subway Opening Moved Up.
Byline: Chatrudee Theparat
Jan. 15--The country's first subway system will start operating in April next year, four months ahead of the latest schedule, according to Transport Minister Suriya Jungrungreangkit.
Originally, the operation was to start in August this year. But as Bangkok Metro Corporation Ltd could not meet the deadline due to delays in obtaining financing for trains, the start was delayed to August next year.
Mr Suriya said he had succeeded in negotiating with the company and Siemens Co of Germany, the contractor for the subway trains, to speed up work.
Under the agreement, BMCL has agreed to shoulder the increased cost ...
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- Bangkok Post, Thailand, business briefs column.(Financial report)(Column)
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...million baht. MORE LOSSES FOR BMCL: The subway operator Bangkok Metro Plc (BMCL) said its first-quarter...debt in September. Shares of BMCL closed yesterday at 1.02...million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...
Source: HighBeam Research, Thai Subway Opening Moved Up.