Home » Business » SRT launches fiscal 12 months 66 with 2.27 billion baht price range, accelerates expropriation payment by means of double speed Implement for 1.52 billion baht bank loan to raise liquidity – include loss

SRT launches fiscal 12 months 66 with 2.27 billion baht price range, accelerates expropriation payment by means of double speed Implement for 1.52 billion baht bank loan to raise liquidity – include loss

SRT discloses fiscal 66 of around 227 billion baht, pays expropriation by using two new traces and substantial pace for a whole of 1.03 billion baht, settles money owed for 8.3 billion baht, values ​​i operating effects for a reduction of more than 6 billion baht. The authorities borrows to raise liquidity by 1.52 billion baht.

Mr. Nirut Maneephan, Governor of Thailand’s Point out Railways (SRT), unveiled that under the Budget Expenditure Act 2023, SRT has been allotted a spending budget of 22,727.27 million baht, an boost from the 12 months 2022. which is been allotted in the total of 18.700 million baht, mainly for the operation of ongoing and binding projects from the 12 months 2022, these as land ownership (expropriation) amounts to 10.386.9172 million baht

or the construction of two new double-keep track of railway lines, specifically the North Line, Den Chai – Chiang Rai – Chiang Khong, a distance of 323 km, with a budget of 4,326 million baht, the Isan Line, Ban Phai – Maha Sarakham – Roi Et – Mukdahan – Nakhon Phanom, with a length of 355 km, with a finances of 3.615 million baht.

Cooperation venture concerning the Government of the Kingdom of Thailand and the Govt of the People’s Republic of China in the advancement of superior-pace rail methods to link the areas Bangkok – Nong Khai Area (Period 1 Bangkok – Nakhon Ratchasima Section) Value of expropriation 2.020 million baht, which on August 26, 2022, introduced the Authorities Gazette Law on expropriation of constructing land The “Thai-Chinese” superior-speed coach outlined land borders in 3 areas of Bangkok, namely Chatuchak, Laksi, Don Mueang and in the Pathum Thani-Ayutthaya-Saraburi-Nakhon Ratchasima location.

and the higher-speed rail venture connecting 3 airports, the expense of surrender is 424 million baht

In addition, in 2023, SRT founded a most important personal debt reimbursement budget of 4,351 million baht, interest expense of 3,966 million baht, which is an investment decision credit card debt in the aspect paid out by the govt. Infrastructure


As for the projection of revenues in 2023, on the assumption that the double-monitor railway challenge has not but been concluded. it is built up of earnings from city crimson line buses.
convoys and running charges of 16,355 million baht, with EBIDA a reduction of 6,735 million baht. and depreciation)

Mainly because the SRT can not store the fare that reflects the precise price tag. There are also social solutions. receiving subsidies or incomplete payment from the point out continually creating the trouble of amassed losses The SRT has to borrow income for liquidity just about every year In 2023 the SRT assessed the money circumstance. which is envisioned to deficiency liquidity of about 15.2 billion baht, which is in the course of action of summarizing the information to be introduced to the Cupboard for more approval.

However, in 2023, the Covid-19 predicament is predicted to boost. and ensuing vacation On top of that, the transport of freight to the port of Laem Chabang (LCC) from the SRTO project is expected to be complete and assistance to boost the profits for the SRT in an additional way.

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