Bangkok Rapid Transit system will continue to run with a new fare of 15 baht per ride starting May 2017. City hall is in talks with Khon Kaen university to run and manage the BRT system once the contract with BMA ends next month.
BMA lost 1.2 billion baht operating the transit system for its 7 years term contract. Around 25,000 passengers use the service every day and with a fare of 10 baht per ride which was at one time reduced to 5 baht by former Bangkok Governor Sukhumbhand Paribatra. BMA struggled to keep it in profit for the entire 7 year contract.
The BRT service was opened to use for public in May 2010 with an aim to feed people from Ratchapruek and Sathorn to the Sky Train.
The decision of not to shut down the service came after drawing criticism from commuters who use the service everyday.
According to Bangkok Post, Bangkok Governor Aswin will continue to keep its service live for commuters. He also believes that with an increase in fare BRT earnings will raise from 50 million to 90 million baht a year.