Bangkok – The State Railway of Thailand (SRT) has conducted a market sounding on its plan to develop a transportation hub in Bangkok’s Phaholyothin area.
The acting Governor of the SRT, Worawut Mala, said his agency and the Ministry of Transport had cooperated with the Japan International Cooperation Agency (JICA) to draft the master plan for the development.
The hub will cover a total area of 2,325 rai (about 910 acres) and is divided into nine plots of land. It is scheduled to be completed in three phases – in 2022, 2027, and 2032.
The SRT will initially develop Plot A, which is located south of Bang Sue station, into a transport and business center to accommodate the opening of the Bang Sue central station.
The market sounding on Wednesday was attended by representatives from government agencies, business sectors, real estate groups, banking groups, investor groups, and trade associations.
