Bangkok Mass Rapid Transit South Purple Line Project (ADB-51048-001)

Countries
  • Thailand
Where the impacts of the investment may be experienced.
Specific Location
Bangkok
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 29, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Thailand
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 240.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 15, 2019

Disclosed by Bank Oct 6, 2017


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Project Description

According to the bank, the ensuing project will improve urban transport system in Bangkok, Thailand for efficient and safe movements of people. It will contribute to the achievement of the government's goal of supporting sustainable and inclusive growth. The project will be aligned with the following impact: access to social and economic opportunities in support of inclusive economic growth enhanced under the twelfth National Economic and Social Development Plan. The outcome of the project will be urban transport system in Bangkok improved. The outputs of the project will be (i) Bangkok mass rapid transit (MRT) South Purple Line constructed and operational, and (ii) capacity in implementing and managing urban rail MRT system strengthened.The total estimated cost of the project is $3,000 million, including physical and price contingencies, and local taxes and duties.

 

Investment Description
  • Asian Development Bank (ADB)

The proposed ADB financing modality is a project loan of $240 million from ordinary capital resources to finance the advance payments of all the civil works contracts and consulting services. The government will fund the remaining balance of civil work and consulting services. The government financing will also cover resettlement and incremental administration. Both the ensuing loan and this transaction TA are included in the ADB's Country Operations Business Plan 2017-2019 for Thailand.

Contact Information

Mass Rapid Transit Authority
175 Rama IX Rd., HuayKhwang, Bangkok
10310

Public Debt Management Office
Ministry of Finance
Rama VI, Samsen Nai Pyathai
Bangkok 10400

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main