BEM, entrusted by the government to manage the Orange Line MRT from Bang Khun Non to Min Buri (Suwinthawong), has officially inked a contract with CK. This strategic partnership zeros in on the civil engineering construction of the Orange Line’s western section, stretching from Bang Khun Non to Thailand Cultural Centre. The project is poised to kick off in August and aims to wrap up within six years. Meanwhile, the eastern section, linking Thailand Cultural Centre to Min Buri, is expected to be operational ahead of schedule in just three years and six months.
Dr. Sombat Kitjalaksana, Managing Director of BEM, has highlighted the company’s readiness to forge ahead with the project, fueled by CK’s unparalleled expertise in large-scale infrastructure developments. CK has already set its team and equipment in motion to ensure the construction is not only timely but also of superior quality.
Besides civil construction, BEM is in the throes of negotiating the procurement and installation of the electric train system. The ambitious plan includes ordering a fleet of 53 electric trains—32 dedicated to the Orange Line and 21 serving the Blue Line project. Quality and safety take precedence for BEM, prompting them to source from top-tier manufacturers in Germany and Japan.
This colossal project, which boasts over 140 billion baht in total investment, will be financed through a 120 billion baht loan. This sum breaks down into 90 billion baht allocated for civil works on the western section and 30 billion baht earmarked for the electric train system. The remainder will be covered by BEM’s operations and debentures. The company anticipates a daily passenger load of 120,000 for the eastern section during its first year, escalating to a whopping 300,000 once the entire line becomes operational, with fares set between 17 to 44 baht.
Dr. Sombat underscored the splendid year BEM has enjoyed, with profits rebounding post-COVID-19 and hitting new peaks annually due to surging passenger numbers, efficient cost management, and low financial costs. The Orange Line concession stands out as a monumental S-Curve project for BEM, amplifying business operations and bolstering the revenue stream of the existing Blue Line MRT. Approximately 80% of the new passengers are expected to transition to the Blue Line, driving better cost efficiency and exponential growth.
Moreover, the much-anticipated Double Deck expressway project is on track for completion this year, aligning with the government’s agenda to alleviate public investment burdens and galvanize private sector participation. BEM is also making strides in the Purple Line Southern Section project, with government deliberations on private sector management making headway.
BEM is championing fare integration through the EMV system and public cost reduction initiatives, ensuring negotiations are transparent to optimize public benefits. This multi-faceted approach not only promises to enhance the daily commute for thousands but also fortifies BEM’s standing as a pivotal player in Thailand’s mass transit and infrastructure scene.
Sounds like another billion-dollar boondoggle! Why are we sinking so much money into this when there are other pressing issues?
Mass transit is a critical infrastructure investment! It reduces traffic congestion and pollution while boosting economic growth.
I get that, but is it worth 140 billion baht? That could fund education reforms or healthcare improvements!
Public transportation is often overlooked but vital. Enhancing it addresses long-term sustainability.
James, consider how many people will benefit daily from a more efficient transit system. It’s an investment in the future.
BEM is just profiting off the public again. Their rates are ridiculous!
The rates are between 17 and 44 baht. It’s really affordable compared to driving or taxis.
Maybe for some. But for a daily commute, it adds up, especially for families.
When you think about the time saved and hassle avoided, it’s a fair trade.
Why is CK involved? Don’t they have a history of delays? This doesn’t inspire confidence.
CK has a strong track record with big projects. Their expertise is essential here.
If you say so, but their past projects have been hit or miss.
Another mega-project that promises the world but will likely be halfway finished and twice the budget in no time.
This project aligns perfectly with Thailand’s needs for modern, efficient mass transit. Look at other cities with good transit systems—they thrive!
I’m skeptical about their passenger load predictions. 300,000 daily? Sounds too optimistic.
Cities grow and change. These numbers might seem high but are achievable.
If so, they’ll need to keep the quality high to hit those targets.
The Blue Line is already over capacity. Adding the Orange Line will relieve pressure and attract more riders.
True. If they synchronize the lines well, it could work.
Integrating fares through EMV is a smart move. Makes everything more convenient for commuters.
Absolutely. Anything that reduces the hassle of commuting is a win in my book.
Can’t wait for the Double Deck expressway to be completed! It’s been long overdue.
Every time a big project like this starts, smaller local businesses suffer from the disruption.
With all these projects, BEM is setting itself up as a monopoly. Is anyone else concerned?
I hadn’t thought about that. Competition is crucial to keep prices fair.
This is exactly what Bangkok needs! Let’s improve our infrastructure for a better future.
How will this affect the daily commute during construction? Traffic in Bangkok is already a nightmare as it is.
Expect some chaos during construction, but the long-term benefits should outweigh the temporary inconvenience.
Using German and Japanese manufacturers for electric trains is a great choice. They’re known for quality and reliability.
A 120 billion baht loan! That’s a huge amount. Hope the people who approved this know what they’re doing.
I commute daily and can’t wait for the Orange Line to start. It will save me so much time.
Big projects like these are what Thailand needs to stay competitive on the global stage. Go BEM!