GWR
07-02-07, 08:55 PM
Treasury Dept may invest Bt20 bn to develop Mo Chit
The Treasury Department plans to revive a property development project at Mo Chit with an estimated investment of Bt20 billion to build a park & ride and residential complex.
It also plans to build public parks, sport clubs, public libraries and art centres around the country, Deputy Finance Minister Sommai Phasee said Wednesday.
Sommai said that within three weeks the Finance Ministry will present to the Cabinet a proposal to revive the property development project at the Mo Chit Skytrain terminal which has been delayed for years.
After Cabinet approval, the Treasury Department will establish a committee to look into details of the project and biding process, he said.
The development will focus on creating a complex which will accommodate residential units and parking areas for commuters.
The Nation
http://www.nationmultimedia.com/breakingnews/read.php?newsid=30026238
The Treasury Department plans to revive a property development project at Mo Chit with an estimated investment of Bt20 billion to build a park & ride and residential complex.
It also plans to build public parks, sport clubs, public libraries and art centres around the country, Deputy Finance Minister Sommai Phasee said Wednesday.
Sommai said that within three weeks the Finance Ministry will present to the Cabinet a proposal to revive the property development project at the Mo Chit Skytrain terminal which has been delayed for years.
After Cabinet approval, the Treasury Department will establish a committee to look into details of the project and biding process, he said.
The development will focus on creating a complex which will accommodate residential units and parking areas for commuters.
The Nation
http://www.nationmultimedia.com/breakingnews/read.php?newsid=30026238