The suburban rail project consists of a 26km elevated line, with 10 stations, connecting Bang Sue in Bangkok with Rangsit to the North.
Aiming to decongest Thailand’s capital which is home to approximately 10 million people, the Red Line is forecast to have a ridership of 123,000 passengers per day at the start of service in 2020, and 194,000 passengers per day by 2030.
Bang Sue will act as an interchange with an adjacent inter-city bus station as well as the Blue Line, the airport rail link, and other conventional lines servicing various regions.
This is the third phase of the project. The first phase was funded by a loan from Jica in March 2009 for Yen 63bn, and the loan for the second phase was signed in June 2015 which was worth Yen 38.2bn.
The loan funds will be allocated to civil works including viaducts, stations, and depots.