The mass Rapid Transit Authority will seek Cabinet approval to include arbitration clauses in its multi-billion baht construction and loan contracts using Japanese funds. MRTA chairman Suphoth Sublom said the request for arbitration clauses had been made by the Japan International Cooperation Agency(JICA), which would fund the MRTA’s Purple Line mass transit project. The Purple Line will run from Bang Sue to Bang Yai. (The Nation)
MRTA seeks inclusion of arbitration clauses
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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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