“The asset transfer should be made before the end of March as scheduled,” said Suthon Anakul, deputy director of the BMA’s Traffic and Transportation Department.

The money, which will be paid to the Mass Rapid Transit Authority of Thailand (MRTA), includes the land ownership, real estate survey, advisory services in accordance with PPP law, advice on design and selection, civil engineering work, and local taxes.

The Bangkok Metropolitan Council, which is holding its ordinary annual meeting of 2017 on Wednesday, will consider whether to allow BMA to spend its retained cash of Bt3.2 billion on urgent business given the shortfall in its annual budget for fiscal 2017, BMC chairman Pol Sub Lt Krengsak Lohachala, said.