Commentary: Nalin Viboonchart
Time to change the way we pay to drive
- Published: 28 Jan 2013 at 10.18
- Newspaper section: Asia focus
The Expressway Authority of Thailand (EXAT) is preparing to raise tolls in September on its first- and second-stage expressways in Bangkok by at least five baht, to a range of 50 to 115 baht depending on vehicle size. The increases are in line with the concession that the state agency has with the system’s operator, SET-listed Bangkok Expressway Plc (BECL).
My first reaction on hearing the news was, “What, again? Prices of everything are going up.”
However, it has been a while since expressway tolls rose. The contract between the EXAT and BECL says rates can be adjusted every five years, based on changes in the Consumer Price Index. The increase amounts to 11.1% from five years ago, compared with compounded inflation over the same period of closer to 16%.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.



