Skytrain carriages depart from and arrive at Victory Monument station in Bangkok. The government plans to buy back rail concessions to help reduce fares.
The 200 billion baht the government plans to use to buy back the concessions of all electric train lines in Greater Bangkok is expected to come from two sources: the Mass Rapid Transit Authority of Thailand and fundraising through an infrastructure fund.Tibordee Wattanakul, director-general of the State Enterprise Policy Office, said the government plans to raise funds via an infrastructure fund on a gradual basis, with 80 billion baht raised per issue until the targeted amount is reached.
He said he expects investors will be eager to buy fund units given the low risk.
Infrastructure funds often offer average yields of 6-7%, said Mr Tibordee.
Funds raised via the infrastructure fund will not be regarded as public debt, he noted.
