BANGKOK, Feb 18 (TNA) – MCOT Public Company Limited organizes a public hearing to obtain public input from stakeholders and discuss a feasibility study on the long-term investment in two plots of land before proceeding with the public-private partnership by the end of this year.
Kematat Paladesh, President of MCOT Plc. discloses that MCOT Plc. is planning to generate revenue from its two properties including the 50- rai plot and the 20-rai plot in Ratchada-Rama IX area. The former is partly leased to CKST for the period of 3 years and the latter is where MCOT’s headquarters is located.
The Company has designated Thammasat University Research and Consultancy Institute to conduct the feasibility study in developing both assets in compliance with Section 25 of Private Investments in State Undertakings Act, which requires a host agency to hire a consultant for preparing a project appraisal report containing essential substances and being conducted independently.
At the beginning of February, a market sounding was conducted to gauge interest of potential investors and discuss possibilities of the investment.
The first public hearing is held today to obtain opinion from various groups of stakeholders. The second public hearing will be conducted in April prior to the public-private partnership proceedings by the end of this year.
The two plots are in a prime location with a convenient access to shopping malls, embassies, Thailand’s Cultural Center and commercial banks.
Since they are close MRT Blue and Orange lines, the 2 plots can be connected to the stations through a skywalk or cover walkway.
Recently, the National Legislative Assembly of Thailand has passed the Draft Act on Public Private Partnership. Once it is enacted, the procurement process and necessary proceeding will be facilitated allowing us to carry out the project more efficiently”, says Kematat. (TNA)
