PHOTO: YouTube Thailand’s Expressway Authority (EXAT) board has agreed to extend the concession period of NECL, a subsidiary of Bangkok Expressway and Metro Public Company (BEM), to operate two expressways for an additional thirty years. The hope is they can avert a legal battle which could eventually result in the government authority being ordered to pay as much as 130 billion baht compensation to NECL
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Compromise could save expressway authority from paying exorbitant compensation
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