Bangkok is preparing to transfer the Green Line BTS to the government to reduce future financial burdens, allowing more budget to manage the city and care for citizens in other dimensions.
On 3 Aug 2026 GMT+7, Governor Chadchart Sitthiphan of Bangkok spoke about the Green Line BTS operations, saying that about two months ago, the Cabinet resolved that Bangkok transfer the Green Line BTS assets and liabilities to the government. This aims to unify the management of ticketing and fares, which is currently underway. He considers this a major burden; if Bangkok can reduce it, more funds will be available to support citizens in other areas.
Regarding BTS, there should be no issues since existing contract terms remain; only ownership changes. Contract conditions are expected to stay the same. The key point is to negotiate with the government about the book value—how much the assets are truly worth. Since the government receives one transit line, discussions will cover appropriate compensation to Bangkok. This is positive as it helps Bangkok reduce future burdens. Currently, Bangkok cannot cover all fare differences alone, so transferring this responsibility will ease financial strain and free funds for other city developments. The process must be expedited but ultimately discussed with the Bangkok Metropolitan Council, as these are significant assets.
Governor Chadchart added that outstanding construction payments are not a major issue since they are included in the book value. Debts will likely be offset because once transferred, the assets belong to the Mass Rapid Transit Authority of Thailand (MRTA). The current valuation considers that after 2029, revenues will fully belong to Bangkok. Therefore, future asset values and what Bangkok has already paid—including train costs and operational fees during the concession—must be assessed. Valuations are ongoing and part of negotiations, including discussions about the joint venture law after 2029.