6. To review and ensure that EXAT has a reliable internal audit system and examine the independence Annual Report 2020 Expressway Authority of Thailand
of the internal audit office.
7. To review the audit report, the performance report of the internal audit office, the organizational
structure of the internal audit office, the resources used for the audit and approve the charter of
the internal audit office, annual audit plan, internal audit work manual, internal audit budget, and personnel
development plan.
8. To coordinate with the EXAT’s Board of Directors, management, auditors, internal auditors, and
external advisors as necessary and appropriate.
9. To consider any transactions that may contain conflict of interests or lead to fraud or any other
connected transactions that may affect EXAT’s performance.
10. To coordinate the audit results with the auditor and may recommend reviewing or auditing
any items as deemed necessary.
11. To assess the Audit Committee’s performance on internal audit at least once a year and report
appraisal results, problems, obstacles and plans for improving the performance to EXAT’s Board of Directors.
12. To approve the appointment, transfer, removal, promotion, and performance evaluation of the
Director of the internal audit office by following the regulations of EXAT on the principles of the selection
of employees to hold the position of EXAT’s Executive, 2016 and propose to the EXAT’s Board for approval,
with the EXAT’s Governor proposing opinions for consideration as well.
13. To perform other duties under the Audit Committee’s responsibility as required by law or
the EXAT’s Board of Directors. In this regard, the internal audit’s operation shall report to the Audit
Committee, and the general administration of the internal audit office shall report to the EXAT Governor.
To perform the abovementioned duties, the Audit Committee directly reports to EXAT’s Board
of Directors.
Committee for Enterprise Relations
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Pol. Lt. Gen. Sompong Chingduang Chairperson Nov 21, 2019-Feb 24, 2021 attended (Baht)
EXAT’s Board of Directors (Under EXAT’s Board of Directors’
Order No. 14/2019 dated Dec 19, 2019) 5/9 56,250
2. Mr. Dumkerng Pankam Member 8/9 78,750
Deputy Governor for Operation Nov 21, 2019-Feb 24, 2021 9/9 83,250
(Under EXAT’s Board of Directors’ 9/9 81,000
3. Mrs. Tasanuch Thammachot Member Order No. 14/2019 dated Dec 19, 2019) 9/9 81,000
Deputy Governor for Administration 9/9 81,000
Nov 21, 2019-Feb 24, 2021
4. Mrs. Pathamawadi Juangpanich Member (Under EXAT’s Board of Directors’
Acting Director of General Member Order No. 14/2019 dated Dec 19, 2019)
Administration Department Member
5. Ms. Tanaporn Artornmit Nov 21, 2019-Feb 24, 2021
Acting Director of Treasury (Under EXAT’s Board of Directors’
and Accounting Department Order No. 14/2019 dated Dec 19, 2019)
6. Mrs. Chinnanat Khunjaroen
Director of Maintenance Nov 21, 2019-Feb 24, 2021
Department (Under EXAT’s Board of Directors’
Order No. 14/2019 dated Dec 19, 2019)
Nov 21, 2019-Feb 24, 2021
(Under EXAT’s Board of Directors’
Order No. 14/2019 dated Dec 19, 2019)
49
Committee for Enterprise Relations (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
7. Mr. Pramounrat Chinnarong Member Nov 21, 2019-Feb 24, 2021 attended (Baht)
Director of Land Acquisition (Under EXAT’s Board of Directors’
Department Member Order No. 14/2019 dated Dec 19, 2019) 8/9 72,000
8. Mr. Pramounrat Chinnarong 2/9 18,000
Acting Director of Law Substitute Nov 21, 2019-Feb 24, 2021 7/9 63,000
Mrs. Oranuch Thin Phangnga Member (Under EXAT’s Board of Directors’ 8/9 72,000
Member Order No. 14/2019 dated Dec 19, 2019) 1/9 9,000
9. Mr. Sombat Suraprasit 9/9 81,000
Director of Traffic Control Department Substitute Nov 21, 2019-Feb 24, 2021 9/9 81,000
Mr. Chumpol Lochinda Member (Under EXAT’s Board of Directors’
Member Order No. 14/2019 dated Dec 19, 2019) 9/9 81,000
10. Mr. Chai Gaewpeng
Director of Toll Collection Department Nov 21, 2019-Feb 24, 2021 9/9 81,000
(Under EXAT’s Board of Directors’ 9/9 81,000
11. Mr. Prasong Sisuksai Member Order No. 14/2019 dated Dec 19, 2019)
President of EXAT State Enterprise 9/9 81,000
Labor Union, Toll Collection Member Nov 21, 2019-Feb 24, 2021
Control Officer 5, At Narong Toll Member (Under EXAT’s Board of Directors’ 9/9 81,000
Collection Division 1, Member Order No. 14/2019 dated Dec 19, 2019)
Toll Collection Department Member 9/9 81,000
12. Mr. Lapdee Kolyanee Member Nov 21, 2019-Feb 24, 2021
Technician 6, General Property (Under EXAT’s Board of Directors’
Maintenance and Gardening Order No. 14/2019 dated Dec 19, 2019)
Section 1, Building and General
Property Maintenance Division, Nov 21, 2019-Feb 24, 2021
Expressway Maintenance Division (Under EXAT’s Board of Directors’
13. Mr. Pricha U-aroon Order No. 14/2019 dated Dec 19, 2019)
Legal Officer 6, Legal Affairs Section,
Legal Affairs Division, Legal Department Nov 21, 2019-Feb 24, 2021
14. Mr. Chamlong Phanthana (Under EXAT’s Board of Directors’
Rescue Officer 6, Rescue Section 2, Order No. 14/2019 dated Dec 19, 2019)
Rescue Division, Traffic Control
Department Nov 21, 2019-Feb 24, 2021
15. Mr. Yutthana Raksawong (Under EXAT’s Board of Directors’
Technician 6, Construction Section, Order No. 14/2019 dated Dec 19, 2019)
Drawing and Construction Division,
Expressway Construction Department Nov 21, 2019-Feb 24, 2021
16. Mr. Bundit Pruenglampoo (Under EXAT’s Board of Directors’
Technician 5, Traffic Control Order No. 14/2019 dated Dec 19, 2019)
Equipment Section,
Equipment Maintenance Division, Nov 21, 2019-Feb 24, 2021
Maintenance Department (Under EXAT’s Board of Directors’
17. Mr. Pratchaya Udomsalee Order No. 14/2019 dated Dec 19, 2019)
Technician 5, Building
and Toll Plaza Electrical System,
Section 1, Electrical, Mechanic
and Vehicle Division,
Maintenance Department
50
Committee for Enterprise Relations (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
18. Mr. Chanakarn Khotsena Member Nov 21, 2019-Feb 24, 2021 8/9 72,000
Toll Collection Control (Under EXAT’s Board of Directors’
Supervisor 5, Thepharak Toll Order No. 14/2019 dated Dec 19, 2019)
Collection Section,
Toll Collection Division 4,
Toll Collection Department
19. Mr. Chanchai Phothongkham Member Nov 21, 2019-Feb 24, 2021 7/9 63,000
Toll Collection Control (Under EXAT’s Board of Directors’
Supervisor 4, Thepharak Toll Order No. 14/2019 dated Dec 19, 2019)
Collection Section,
Toll Collection Division 3,
Toll Collection Department
20. Mr. Phairat Chumalaiwong Secretary Nov 21, 2019-Feb 24, 2021 9/9 -
Acting Director of Benefit (Under EXAT’s Board of Directors’
and Employee Division Order No. 14/2019 dated Dec 19, 2019)
21. Mr. Kritsada Saardsri Assistant Nov 21, 2019-Feb 24, 2021 9/9 -
Chief of Employee Relationship Secretary (Under EXAT’s Board of Directors’
Section Order No. 14/2019 dated Dec 19, 2019)
Source : Benefit and Employee Division, General Administration Department
as of September 30, 2020
Authority and Duty of Committee for Enterprise Relations
1. To consider and provide any comments on improving the efficiency of EXAT’s performance
as well as promote and develop labor relations.
2. To compromise and restrain EXAT’s internal conflict.
3. To consider and improve work rules and regulations beneficial to EXAT’s employers, employees
and its organization.
4. To seek advice and consult to solve problems due to any complaints submitted by EXAT’s
employees or labor union including those relating to disciplinary punishment.
5. To seek advice and consult to improve the condition of employment.
Coordination Committee for Second Stage Expressway System Project
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mr. Chayathon Promsorn Chairperson Dec 19, 2019-Present attended
Director of the Office of Transport Member Aug 14, 2019-Present (Baht)
and Traffic Policy and Planning Substitute Aug 14, 2019-Present 1/1 10,000
2. Mr. Kusol Yaemsa-ard Member
Deputy Attorney General, Office of Legal 1/1 8,000
Counsel, Office of the Attorney General
3. Ms. Sasiporn Singtomas --
Provincial Public Prosecutor attached
to the Office of the Attorney General,
Office of Legal Counsel
51
Coordination Committee for Second Stage Expressway System Project (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
4. Ms. Piyawan Lamkitcha Member Nov 25, 2019-May 18, 2020 1/1 8,000
Deputy Director of the State Enterprise
Policy Office, Acting State Enterprise
Development Advisor
5. Mr. Chanvit Nakburee Member May 18, 2020-Present - -
State Enterprise Performance Appraisal
Advisor, State Enterprise Policy Office
6. Mrs. Wachiraya Permbhusri Substitute Nov 25, 2019-Present 1/1 -
Director of Public Private Partnership Member
Promotion Bureau, State Enterprise Policy
Office
Source : Operation Planning Division
as of September 30, 2020
Authority and Duty of Coordination Committee for Second Stage Expressway System Project
1. To supervise and follow up on joint investment projects to ensure the implementation as specified
in the joint investment agreement.
2. To consider and recommend solutions to problems that may arise from the implementation
of all joint projects as specified in the joint investment agreement to EXAT.
3. To notify EXAT, private contractors, or government agencies involved in the project to give
explanations, express opinions, deliver information or relevant documents.
4. To report the performance, progress, and solutions for the implementation of the joint venture
project as specified in the joint investment agreement to the Minister of Transport for acknowledgment
and to submit a copy of the report and related documents to the State Enterprise Policy Office for
a period specified by the Supervisory Board at least six months per time.
5. To consider and comment on the amendment of the joint investment agreement.
Coordination Committee for Bang Pa-in-Pak Kret Expressway Project
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mr. Chayatan Promsorn Chairperson Dec 19, 2019-Present attended
Director of the Office of Transport (Baht)
and Traffic Policy and Planning Member Aug 14, 2019-Present 1/1 10,000
2. Mr. Kusol Yaemsa-ard 1/1 8,000
Deputy Attorney General, Office of Legal Substitute Aug 14, 2019-Present -
Counsel, Office of the Attorney General Member -
3. Ms. Sasiporn Singtomas 1/1
Provincial Public Prosecutor attached Member Nov 25, 2019- 8,000
to the Office of the Attorney General May 18, 2020
Office of Legal Counsel
4. Ms. Piyawan Lamkitcha
Deputy Director of the State Enterprise
Policy Office, Acting State Enterprise
Development Advisor
52
Coordination Committee for Bang Pa-in-Pak Kret Expressway Project (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
Substitute Nov 25, 2019-Present meeting allowance
5. Mrs. Wachiraya Permbhusri Member attended
Director of Public Private Partnership (Baht)
Promotion Bureau, State Enterprise - -
Policy Office
6. Mr. Chanvit Nakburee Member May 18, 2020-Present - -
State Enterprise Performance Appraisal
Advisor, State Enterprise Policy Office
Source : Operation Planning Division
as of September 30, 2020
Authority and Duty of Coordination Committee for Bang Pa-in-Pak Kret Expressway Project
1. To supervise and follow up on joint investment projects to ensure the implementation as specified
in the joint investment agreement.
2. To consider and recommend solutions to problems that may arise from the implementation
of all joint projects as specified in the joint investment agreement to EXAT.
3. To notify EXAT, private contractors, or government agencies involved in the project to give
explanations, express opinions, or deliver information or relevant documents.
4. To report the performance, progress, and solutions for the implementation of the joint venture
project as specified in the joint investment agreement to the Minister of Transport for acknowledgment
and to submit a copy of the report and related documents to the State Enterprise Policy Office for
a period specified by the Supervisory Board at least six months per time.
5. To consider and comment on the amendment of the joint investment agreement.
Committees and sub-committees appointed to perform duties as assigned
by the Board of Directors
Executive Committee of Expressway Authority of Thailand
In the fiscal year 2020, EXAT’s Executive Committee held a total of 10 meetings, including
the list of EXAT’s Executive Committee, the number of meeting attendance, and the remuneration
(meeting allowance) as follows :
Name/Agency Position Term of office No. of Meeting
1. Mr. Sommai Lakananuruk Chairperson meeting allowance
Deputy Director, of Executive Jul 15-Sep 30, 2020 attended (Baht)
Bureau of the Budget Committee (according to EXAT’s Board
Mr. Prayong Thangcharoen of Directors’ Order No. 9/2020 2/2 25,000
Deputy Director, Executive
Bureau of the Budget Director dated Jul 31, 2020) 8/8 100,000
2. Mr. Sarawut Songsivilai Oct 10, 2017-Jul 14, 2020
Director General, (according to EXAT’s Board 2/10 20,000
Department of Highways of Directors’ Order No. 5/2019
dated Jul 9, 2019)
Oct 11, 2019-Sep 30, 2020
(according to EXAT’s Board
of Directors’ Order No. 17/2019
dated Dec 19, 2019)
53
Executive Committee of Expressway Authority of Thailand (Continued)
Name/Agency Position Term of office No. of Meeting
Jul 18, 2017-Sep 14, 2020 meeting allowance
3 . Mr. Pakorn Apaphant Executive (according to EXAT’s Board attended (Baht)
• Director, Geo-Informatics and Space Director of Directors’ OrderNo. 5/2019
Technology Development Agency Executive 8/10 30,000
(Public Organization) : GISTDA Director dated Jul 9, 2019)
• Member of the Board of Directors
and Audit Committee, Dhanarak Aug 3-Sep 30, 2020 2/2 20,000
Asset Development Co., Ltd. (according to EXAT’s Board 5/5 50,000
• Member of the Board of Directors, of Directors’ Order No. 9/2020 1/1 10,000
Electricity Generating Authority 2/2 20,000
of Thailand dated Jul 31, 2020) 10/10 -
4. Mr. Surachet Laophulsuk Oct 1-9, 2019 and 8/10 -
Governor, Expressway Feb 20-Aug 2, 2020
Authority of Thailand (according to EXAT’s Board
of Directors’ Order No. 5/2019
Mr. Dumkerng Pankam dated Jul 9, 2019)
Deputy Governor for Operation,
Acting Governor, Expressway Feb 6-19, 2020
Authority of Thailand (according to EXAT’s Board
of Directors’ Order No. 17/2019
Mr. Wichan Ekarintrakul
Advisor to the Governor (Administrative), dated Dec 19, 2019)
Acting Deputy Governor for Strategy Sep 27, 2018-Apr 23, 2019
and Planning, Acting Governor, and Oct 10, 2019-Feb 5, 2020
Expressway Authority of Thailand (according to EXAT’s Board
Mr. Suchart Chonsakpipat of Directors’ Order No. 5/2019
Governor, Expressway
Authority of Thailand dated Jul 9, 2019)
Nov 8, 2018-Sep 30, 2020
5. Mrs. Sujinda Jarujit Secretary (according to EXAT’s Board
Director of the Office of the Governor, Assistant of Directors’ Order No. 5/2019
Expressway Authority of Thailand Secretary
6. Mrs. Kulkanya Tumsen dated Jul 9, 2019)
Director of the General Affairs Dec 26, 2018-Sep 30, 2020
and Conference Division, (according to EXAT’s Board
the Office of the Governor, of Directors’ Order No. 5/2019
Expressway Authority of Thailand
dated Jul 9, 2019)
Source : General Affairs and Conference Division, the Office of the Governor
as of 30 September 2020
Note : Meeting allowance rates are in accordance with the Cabinet Resolution on April 24, 2019 as follows :
• Directors receive a meeting allowance of 10,000 baht per month. The chairperson of the executive
committee received 25% higher than the directors, and the directors shall pay their own income tax.
• In the case of sub-committees, other working groups appointed by the provisions of the law, cabinet
resolutions, or the state enterprise committee shall receive a meeting allowance as follows : In the case of state
enterprise directors, meeting allowances shall be made on an individual basis at the rate equal to the meeting
allowance for state enterprise directors, only those attending the meeting. Sub-committee, other working groups,
totaling not more than two committees, and not more than one time per month. The chairperson of the board
receives meeting allowances 25% higher than the directors, and the directors shall pay their own income tax.
54
Authority and Duty of the EXAT’s Executive Committee Annual Report 2020 Expressway Authority of Thailand
1. To consider the monetary and investment policies of Expressway Authority of Thailand, layout
guidelines for dealing with problems that may affect the financial status of the EXAT, both short-term and
long-term, and other related duties.
2. To consider and screen the Expressway Authority of Thailand’s annual expenditure budget
to propose to the Board of Directors for approval.
3. To consider and screen procurement and hire a consultant under the authority of the EXAT’s
Board of Directors by the Government Procurement and Supplies Management Act B.E. 2560 (2017)
to submit to the Board of Directors for approval.
4. To consider and screen the reserve in case of urgent necessity according to the State Enterprise
Investment Budget Regulations B.E. 2550 (2007), each time exceeding eight million baht, and to screen
the reserve in case of the price changes over ten percent of the originally approved budget to present
to the Board of Directors for approval.
5. To consider and scrutinize compensation under the law on real estate as prescribed by the Board
for determining the preliminary price and the amount of compensation for immovable property to be
surrendered to the property owner if the compensation limit per person exceeds one hundred million
baht to propose to the Board of Directors for approval.
6. To consider and scrutinize the Expressway Authority of Thailand’s regulations and submit to
the Board of Directors for approval.
7. To consider and screen matters to be presented to the EXAT’s Board of Directors.
8. To consider and approve the rental of real estate with a rental limit of more than 600,000 baht per
month but not more than 10,000,000 baht per month and a rental period of not more than five (5) years.
9. To consider other matters as assigned by Expressway Authority of Thailand.
Sub-committee for Development and Management of Expressway Right-of-Way
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
1. Mr. Pakorn Aphaphan Chairperson Aug 21, 2017-Present 12 135,000
2. Mrs. Pranee Sukrasorn Member Oct 29, 2018-Present 12 108,000
3. Colonel Charan Sangsiri Member Aug 21, 2017-Present 12 108,000
4. Police Colonel Suthep Satthapol Member Oct 29, 2018-Present 12 108,000
5. Mr. Chatchai Chukaew Member Oct 29, 2018-Present 12 108,000
6. Mr. Pongsakorn Chullabodhi Member Aug 21, 2017-Present 8 72,000
7. Mr. Kosolwat Inthuchanyong Member Aug 21, 2017-Present 8 72,000
8. Mr. Sang Subpansaen Member Apr 30, 2019-Present 10 90,000
9. Mr. Somporn Somabot Member Oct 1, 2019-Sep 30, 2020 10 -
Deputy Governor for Law and Land Acquisition,
Expressway Authority of Thailand
10. Mr. Pramonrat Chinnarong Member Oct 1, 2017-Present 11 -
Director of Land Acquisition Department,
Expressway Authority of Thailand
11. Mr. Pisan Thaisom Secretary Aug 21, 2017-Present 12 -
Director of Property Development
and Right-of-Way Maintenance Division 1,
Expressway Authority of Thailand
55
Sub-committee for Development and Management of Expressway Right-of-Way (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
12. Mr. Woraprach Phongphongsri Assistant Aug 21, 2017-Present 10 -
Director of Property Development Secretary
and Right-of-Way Maintenance Division 2,
Expressway Authority of Thailand
Source : Property Development and Right of Way Maintenance Division 1,
Land Acquisition Department as of September 30, 2020
Authority and Duty of Sub-committee for Development and Management of Expressway Right-of-Way
1. To provide suggestions and considerations on the development and management of the real-estate
of Expressway Authority of Thailand in the expressway right-of-way.
2. To consider about renting or awarding any rights in EXAT’s property which its value is more than
one hundred million Baht or its rental period is over five years with exemption of awarding those mentioned
to governmental agencies before submission to the EXAT’s Board of Directors for consideration.
3. To consider permitting to rent every new space in the expressway right-of-way.
4. To consider other matters as assigned by the EXAT’s Board of Directors.
Sub-Committee for Legal Affairs
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
1. Mrs. Phongsaward Guyaroonsuith Chairperson Aug 9, 2017-Sep 30, 2020 3/5 14,000
Deputy Secretary General,
Office of the Council of State
2. Senior Colonel Charan Sangsiri Member Jun 8, 2016-Sep 30, 2020 5/5 7,000
Office of the Permanent Secretary,
Ministry of Defense (Office of the Command)
3. Mr. Wichan Thammasujarit Member Feb 25, 2015-Sep 30, 2020 5/5 7,000
Senior Public Prosecutor
4. Police Captain Chokchai Sittipolkul Member Feb 25, 2015-Sep 30, 2020 5/5 7,000
Deputy Director-General,
Office of the Attorney General
5. ML. Supakit Charoonrojn Member Feb 25, 2015-Sep 30, 2020 5/5 7,000
Senior Expert Public Prosecutor,
Office of the Attorney General
6. Mr. Charoonpong Intachan Member Feb 25, 2015-Sep 30, 2020 5/5 7,000
Expert Public Prosecutor, Office of Tax Litigation
7. Ms. Willy Amaraporn Member Dec 26, 2016-Sep 30, 2020 3/5 7,000
Director of Technology
and Communication Law Division
8. Mr. Phumarin Srimul Member Aug 9, 2017-Sep 30, 2019 5/5 7,000
Krisdika Counsel, Professional Level
9. Mr. Sanay Tangsathit Member Feb 25, 2015-Sep 30, 2020 5/5 7,000
Director of the Legal Affairs Bureau
10. Mr. Somporn Somabot Member Feb 25, 2015-Sep 30, 2020 4/5 -
Deputy Governor for Law and Land Acquisition,
Expressway Authority of Thailand
56
Sub-Committee for Legal Affairs (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
Member meeting allowance
11. Mr. Pramonrat Chinnarong attended (Baht)
Director of Land Acquisition Department,
Acting Director of Law Department, Oct 1, 2019-Sep 30, 2020 3/5 -
Expressway Authority of Thailand
12. Mr. Adisak Kongcharoen Member Aug 18, 2017-Sep 30, 2020 4/5 -
Director of Litigation Division 2/5 -
13. Mrs. Oranut Thinpangnga Member Nov 8, 2018-Sep 30, 2020 3/5 -
Director of Legal Affairs Division 5/5 -
14. Ms. Somrat Kitvilairattana Member and Feb 25, 2015-Sep 30, 2020 3/5 -
Head of Administration Litigation Section Secretary
15. Ms. Wanaporn Suksaenkasem Assistant Feb 25, 2015-Sep 30, 2020
Head of Arbitration Section Secretary
16. Mr. Somsak Soontornsuk Assistant Aug 27, 2019-Sep 30, 2020
Head of Contract Section Secretary
Source: Litigation Division, Legal Department
as of September 30, 2020
Authority and Duty of Sub-Committee for Legal Affairs
The sub-committee is authorized to give suggestions or legal comments to the EXAT’s Board of Directors
and perform other duties assigned by the EXAT’s Board of Directors.
Sub-committee for Screening the Governor’s Action Plan and Assessment of the Governor’s
Performance
Name/Agency Position Term of office No. of Meeting
1. Mrs. Phongsaward Guyaroonsuith Chairman meeting allowance
Member of the Law Drafting Committee, Member Sep 26, 2018-Present attended
Office of the Council of State Member (By the EXAT’s Board (Baht)
2. Mr. Pakorn Aphaphan Member of Directors’ Order No. 28/2018 4 50,000
President, Single Point Parts (Thailand) Member dated Oct 29, 2018)
Public Company Limited Sep 26, 2018-Present 3 -
3. Mr. Sarawut Songsivilai (By the EXAT’s Board
Director General, of Directors’ Order No. 28/2018 1 -
Department of Highways dated Oct 29, 2018)
4. Mr. Somchai Wongwattanasan Dec 19,2019-Present 3 30,000
(By the EXAT’s Board
5. Ms. Willy Amaraporn of Directors’ Order No. 18/2019 4 40,000
Representative of the Office dated Dec 19, 2019)
of the Council of State Sep 26, 2018-Present
(By the EXAT’s Board
of Directors’ Order No. 28/2018
dated Oct 29, 2018)
(By Very Urgent Record
No. Nor Ror 0901/1810
dated Nov 9, 2018-Present)
57
Sub-committee for Screening the Governor’s Action Plan and Assessment of the Governor’s
Performance (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
6. Mr. Phumarin Srimul Member (By Very Urgent Record 4 40,000
Representative of the Office No. Nor Ror 0901/1810
of the Council of State dated Nov 9, 2018-Present)
7. Mrs. Tasanuch Thammachot Secretary Sep 26, 2018-Present 4 -
Deputy Governor for Administration (By the EXAT’s Board
of Directors’ Order No. 28/2018
dated Oct 29, 2018)
8. Mrs. Pathamawadi Juangpanich Assistant Sep 26, 2018-Sep 30, 2019 4 -
Director of Treasury and Accounting Secretary (By the EXAT’s Board
Department, Acting Director of General
Administration Department of Directors’ Order No. 28/2018
dated Oct 29, 2018)
Source : General Administration Department
as of September 30, 2020
Authority and Duty of Sub-committee for Screening the Governor’s Action Plan and Assessment
of the Governor’s Performance
The sub-committee is authorized to screen the Governor’s action plan, formulate the assessment criteria
of the Governor’s performance, evaluate such performance in conformity with the employment contract
for the position of the Governor of Expressway Authority of Thailand, and perform other duties as assigned
by the Board of Directors, then, report the result to the Board of Directors for further consideration.
Sub-committee for Recruitment of the EXAT’s Governor
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mr. Sarawut Songsivilai Chairman The EXAT’s Board of Directors’ attended
Director General, Department of Highways Order No. 21/2019 (Baht)
dated Dec 19, 2019) 4 37,500
2. Mr. Prayong Tangcharoen Member 4 30,000
Deputy Director of the Budget Bureau The EXAT’s Board of Directors’ 4 30,000
Order No. 21/2019 4 30,000
3. Pol. Lt. Gen. Sompong Chingduang Member dated Dec 19, 2019) 4 30,000
Commissioner of Immigration Bureau 4
The EXAT’s Board of Directors’ -
4. Mr. Chayatan Promsorn Member Order No. 21/2019
dated Dec 19, 2019)
5. Mr. Kritthep Simlee Member
The EXAT’s Board of Directors’
6. Mrs. Tasanuch Thammachot Secretary Order No. 21/2019
Deputy Governor for Administration dated Dec 19, 2019)
The EXAT’s Board of Directors’
Order No. 21/2019
dated Dec 19, 2019)
The EXAT’s Board of Directors’
Order No. 21/2019
dated Dec 19, 2019)
58
Sub-committee for Recruitment of the EXAT’s Governor (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
meeting allowance
7. Mrs. Pathamawadi Juangpanich Assistant The EXAT’s Board of Directors’ attended
Director of Treasury and Accounting Secretary Order No. 21/2019 (Baht)
Department, Acting Director of General 4 -
Administration Department
8. Mr. Pramonrat Chinnarong dated Dec 19, 2019)
Director of Land Acquisition Department,
Acting Director of Law Department, Assistant The EXAT’s Board of Directors’ 4-
Expressway Authority of Thailand Order No. 21/2019
Secretary dated Dec 19, 2019)
Source : General Administration Department
as of September 30, 2020
Authority and Duty of Sub-committee for Recruitment of the EXAT’s Governor
The committee has the power and duty to recruit personnel with appropriate knowledge, ability,
and experience as the Governor of Expressway Authority of Thailand which must possess the qualifications
and not have the prohibited characteristics of the executives as specified in the Standard Qualifications
of State Enterprise Directors and Officials Act, B.E. 2518 (1975), the Amendment to Expressway Authority
of Thailand Act B.E. 2550 (2007), and the letter of the Ministry of Finance Kor Khor 0803.2/Wor. 90 dated
August 21, 2008, subject : the process and guidelines for the recruitment of the highest management
of state enterprises under the Standard Qualifications of State Enterprise Directors and Officials Act, (No. 6)
B.E. 2550 (2007) to present to the Board of Expressway Authority of Thailand for further appointment
as the Governor of Expressway Authority of Thailand.
Sub-committee for Consideration of the Remuneration of the EXAT’s Governor
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
1. Mr. Pakorn Aphaphan Chairperson Mar 19, 2020-Present 1 12,500
President, Single Point Parts (Thailand) (The EXAT’s Board
Public Company Limited
of Directors Order No. 3/2020
dated Apr 20, 2020)
2. Assistant Professor Pornthep Anusornnitisarn Member Mar 19, 2020-Present 1 10,000
Faculty of Engineering, Kasetsart University (The EXAT’s Board
of Directors Order No. 3/2020
dated Apr 20, 2020)
3. Mr. Watcharapong Wantung Member Mar 19, 2020-Present 1 10,000
Legal Officer, Senior Professional Level (The EXAT’s Board
State Enterprise Policy Office of Directors Order No. 3/2020
dated Apr 20, 2020)
4. Mrs. Tasanuch Thammachot Member Mar 19, 2020-Present 1 -
Deputy Governor for Administration and (The EXAT’s Board
of Directors Order No. 3/2020
Secretary dated Apr 20, 2020)
5. Mrs. Pathamawadi Juangpanich Assistant Mar 19, 2020-Present 1 -
Director of Treasury and Accounting Secretary (The EXAT’s Board
Department, Acting Director of General of Directors Order No. 3/2020
Administration Department dated Apr 20, 2020)
59
Sub-committee for Consideration of the Remuneration of the EXAT’s Governor (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
6. Mr. Pramonrat Chinnarong Assistant Mar 19, 2020-Present 1 -
Director of Land Acquisition Department, Secretary (The EXAT’s Board
Acting Director of Law Department, of Directors’ Order No. 3/2020
Expressway Authority of Thailand dated Apr 20, 2020)
Source : General Administration Department
as of September 30, 2020
Authority and Duty of Sub-committeeforConsiderationoftheRemunerationoftheEXAT’sGovernor
The sub-committee has the authority and duty to determine the remuneration and negotiate
remuneration with the person nominated for the position of Governor of Expressway Authority of Thailand.
This shall be following the criteria and guidelines for the compensation of the highest executives
of state enterprises under the employment contract under the Cabinet’s resolutions on June 13, 2000,
and June 22, 2004, and the Ministry of Finance letter Kor. Khor. 0803.2/Wor 90, dated August 21, 2008.
The results of consideration and the draft of the Executive Employment Contract for the position of Governor
of Expressway Authority of Thailand shall be proposed to the Board of Expressway Authority of Thailand
for consideration and presentation to the Ministry of Finance to approve further.
Sub-committee for Good Corporate Governance
Name/Agency Position Term of office No. of Meeting
Nov 21, 2019-Sep 30, 2020 meeting allowance
1. Mrs. Phongsaward Guyaroonsuith Chairperson Nov 21, 2019-Jul 15, 2020 attended (Baht)
2. Mr. Prayong Tangcharoen Member
3. Mr. Sommai Lakananuruk Member July 16-Sep 30, 2020 4/4 50,000
4. Mr. Somchai Wongwattanasan Member Nov 21, 2019-Sep 30, 2020 1/3 -
5. Mr. Suchart Chonsakpipat Member Nov 21, 2019-Feb 5, 2020 1/1 -
Governor, Expressway Authority of Thailand 3/4 30,000
Mr. Wichan Ekarintrakul Member Feb 6-19, 2020 --
Deputy Governor for Strategy and Planning, Member 1/1 10,000
Acting Governor, Expressway Authority Secretary Feb 20-Aug 2, 2020
of Thailand 2/2 -
Mr. Dumkerng Pankam Aug 3-Sep 30, 2020
Deputy Governor for Operation, Acting Governor, Nov 21, 2019-Sep 30, 2020 1/1 -
Expressway Authority of Thailand Nov 21, 2019-Sep 30, 2020
Mr. Surachet Laophulsuk Nov 21, 2019-Sep 30, 2020 4/4 -
Governor, Expressway Authority of Thailand
4/4 -
6. Mrs. Tasanuch Thammachot
Deputy Governor for Administration 4/4 -
7. Mrs. Sujinda Jarujit
Director of Office of Governor
8. Mrs. Apinya Suntorntarawong
Director of Good Governance Division
60
Sub-committee for Good Corporate Governance (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
meeting allowance
9. Ms. Pornthip Srisakul Assistant Nov 21, 2019-Sep 30, 2020 attended (Baht)
Head of Compliance Development Section, Secretary Nov 21, 2019-Sep 30, 2020
Good Governance Division, Office of Governor Assistant 4/4 -
10. Ms. Usa Sithong Secretary
Head of Activity Promotion for Society and 4/4 -
Community Section, Good Governance Division,
Office of Governor
Source : Good Governance Division
as of September 30, 2020
Note : No. 1 and 4-10 term of office are by the EXAT Board of Directors’ order No. 16/2019, dated December 19, 2019
No. 2 The term of office is by the EXAT Board of Directors’ order No. 16/2019, dated December 19, 2010,
and No. 8/2020, dated July 31, 2020
No. 3 term of office is by the EXAT Board of Directors’ order No. 8/2020, dated July 31, 2020.
Authority and Duty of Sub-committee for Good Corporate Governance
1. To determine EXAT’s policy, strategy, goal and operating plan for good corporate governance
and corporate social responsibility.
2. To govern EXAT’s operation of good corporate governance and corporate social responsibility.
3. To regularly monitor EXAT’s operation, the assessment of good corporate governance and
corporate social responsibility.
4. To promote the dissemination of good corporate governance guideline for thorough recognition.
5. To operate other matters concerning good corporate governance and social responsibility.
Risk Management Committee Position Term of office No. of Meeting
meeting allowance
Name/Agency attended (Baht)
1. Mr. Sommai Lakananuruk Chairperson July 16-Sep 30, 2020 1/1 12,500
Board Member of Expressway (By the EXAT’s Board of Directors’
Authority of Thailand Order No. 6/2020, dated July 31, 2020)
2. Mr. Prayong Tangcharoen
Board Member of Expressway Member Oct 25, 2018-July 15, 2020, 3/3 12,500
Authority of Thailand (By the EXAT’s Board of Directors’
3. Mrs. Phongsaward Guyaroonsuith Order No. 26/2018, dated Oct 29, 2018)
Board Member of Expressway
Authority of Thailand Member Oct 25, 2018-Sep 30, 2020, 1/4 10,000
4. Mr. Phuttipan Thianwan (By the EXAT’s Board of Directors’
Board Member of Expressway Order No. 26/2018, dated Oct 29, 2018)
Authority of Thailand
5. Mr. Pisith Wongthianthana Member Oct 25, 2018-Sep 30, 2020, 4/4 40,000
Board Member of Expressway (By the EXAT’s Board of Directors’
Authority of Thailand Order No. 26/2018, dated Oct 29, 2018)
Member Oct 25, 2018-Sep 30, 2020, 4/4 40,000
(By the EXAT’s Board of Directors’
Order No. 26/2018, dated Oct 29, 2018)
61
Risk Management Committee (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
6. Mr. Surachet Laophulsuk Member Aug 3-Sep 30, 2020 1/1 10,000
Governor, Expressway (By employment contract for Governor
Authority of Thailand of Expressway Authority of Thailand,
dated Aug 3, 2020)
7. Mr. Suchart Chonsakpipat Member Oct 25, 2018-Feb 5, 2020 1/1 10,000
Governor, Expressway Authority (By the EXAT’s Board of Directors’ Order
of Thailand No. 26/2018, dated Oct 29, 2018)
8. Mr. Somporn Somabot Member Oct 25, 2018-Sep 30, 2020 4/4 -
Deputy Governor for Law (By the EXAT’s Board of Directors’ Order
and Land Acquisition, No. 26/2018, dated Oct 29, 2018)
Expressway Authority of Thailand
9. Mr. Chatri Tansiri Member Dec 16, 2019-Sep 30, 2020 3/3 -
Director of Expressway Construction (By the EXAT’s Board of Directors’ Order
Department, Acting Deputy Governor
for Construction and Maintenance, No. 26/2018, dated Oct 29, 2018)
Expressway Authority of Thailand
10. Mr. Wichan Ekarintrakul Member Oct 25, 2018-Sep 30, 2020 1/1 -
• Deputy Governor for Strategy (By the EXAT’s Board of Directors’ Order 1/3 -
and Planning, Acting Deputy No. 26/2018, dated Oct 29, 2018)
Governor for Construction
and Maintenance,
• Advisor to Governor (Administration),
Acting Deputy Governor for Strategy
and Planning, Expressway
Authority of Thailand
11. Mr. Dumkerng Pankam Member Oct 25, 2018-Sep 30, 2020 4/4 -
• Deputy Governor for Operation, (By the EXAT’s Board of Directors’ Order
Acting Governor, Expressway No. 26 /2018, dated Oct 29, 2018)
Authority of Thailand
12. Mrs. Tasanuch Thammachot Member Oct 25,2018-Sep 30, 2020 4/4 -
Deputy Governor for Administration, (By the EXAT’s Board of Directors’ Order
Expressway Authority of Thailand No. 26/2018, dated Oct 29, 2018)
13. Mrs. Benchamas Piyachotisukit Member Oct 25,2018-Sep 30, 2020 4/4 -
Assistant Governor, Expressway (By the EXAT’s Board of Directors’ Order
Authority of Thailand No. 26/2018, dated Oct 29, 2018)
14. Ms. Paradee Ngamwongse Member and Dec 21, 2018-Sep 30, 2020 4/4 -
Director of Risk Management Secretary (By the EXAT’s Board of Directors’ Order
and Internal Control Division, No. 26/2018, dated Oct 29, 2018)
Expressway Authority of Thailand
Source : Risk Management and Internal Control Division
as of September 30, 2020
Remark : The list of risk management committees is sorted by the EXAT’s Board of Directors’ order to the risk
management committee’s appointment.
62
Authority and Duty of the Risk Management Committee Annual Report 2020 Expressway Authority of Thailand
1. To analyze and assess situations where risks are expected to cover the corporate and functional
groups, which may affect the operation of Expressway Authority of Thailand in all aspects and determine
the direction of the organization’s operations (Risk Universe) as well as the overall risk management policy to
serve as a guideline for management and employees to help build organizational value-based on Intelligent
Risk management so as not to lose business opportunities.
2. To establish risk management strategies according to the risk management policy, internal control
policy, good corporate governance policy, and integrating good corporate governance policy. It shall also
comply with relevant laws, rules, regulations, and standards (Governance Risk and Compliance (GRC) and
supervising the risk management and internal control systems to be appropriate, sufficient, efficient, and
effective. It ensures that Expressway Authority of Thailand has identified, analyzed, assessed, and managed
risks at an appropriate and acceptable level. It must be linked to the internal control system in which
the internal control activities are defined and assessed for all organization activities, including effective
monitoring, evaluation, control, and risk management continuously.
3. To review the sufficiency, efficiency of the risk management system, the internal control system, the
overall risk management policy, and the internal control policy. This includes the efficiency and effectiveness
of implementing the prescribed policies and providing recommendations for improvement to strengthen the
competency of risk management and internal control to create value for Expressway Authority of Thailand.
4. To supervise the process of preparing risk management manuals and plans, reviewing plans, monitoring
and evaluating risk management results, internal controls, and operational plans, as well as providing suggestions
for improvements to make the risk management plan consistent with the established policies and strategies.
5. To support the strengthening of a risk management culture, promote communication about risk
management throughout the organization, establish a positive attitude, create incentives for risk management,
raise awareness and co-responsibility by having effective and cost-effective risk management. As a result,
the risk management culture shall be part of all departments’ corporate culture and daily activities and leads
to the development of risk intelligence competencies.
6. To perform any operation relating to risk management.
The Independent Board
In the fiscal year 2020, the independent board of directors held a total of one meeting with the list
of the independent board of directors, the number of times attended, and the remuneration (meeting
allowance) as follows :
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mrs. Phongsaward Guyaroonsuith Chairperson Nov 21, 2019-Sep 30, 2020 attended (Baht)
Deputy Secretary General, 1/1 12,500
Office of the Council of State of the Independent (according to EXAT’s Board
Board of Directors of Directors’ Order No. 13/2019
dated Dec 19, 2019)
2. Mr. Jessada Promjart Independent Nov 21, 2019-Sep 30, 2020 1/1 10,000
Advisor and Director Director (according to EXAT’s Board
of Directors’ Order No. 13/2019
3. Mr. Pakorn Apaphant Independent 1/1 10,000
• Director, Geo-Informatics and Space Director dated Dec 19, 2019)
Technology Development Agency Nov 21, 2019-Sep 30, 2020
(Public Organization) : GISTDA (according to EXAT’s Board
• Member of the Board of Directors of Directors’ Order No. 13/2019
and Audit Committee, Dhanarak
Asset Development Co., Ltd. dated Dec 19, 2019)
• Member of the Board of Directors,
Electricity Generating Authority of Thailand
63
The independent board of directors (Continued)
Name/Agency Position Term of office No. of Meeting
Secretary meeting allowance
4. Mrs. Kulkanya Tumsen Nov 21, 2019-Sep 30, 2020 attended (Baht)
Director of the General Affairs (according to EXAT’s Board 1/1 -
and Conference Division, of Directors’ Order No. 13/2019
The Office of the Governor,
Expressway Authority of Thailand dated Dec 19, 2019)
Source : General Affairs and Conference Division, The Office of the Governor
as of 30 September 2020
Note : Meeting allowance rates are in accordance with the Cabinet Resolution on April 24, 2019 as follows :
• Directors receive a meeting allowance of 10,000 baht per month. The chairperson of the independent
board of directors received 25% higher than the directors and the directors shall pay their own income tax.
• In the case of sub-committees, other working groups appointed by the provisions of the law, cabinet
resolutions, or the state enterprise committee shall receive a meeting allowance as follows : In the case of state
enterprise directors, meeting allowances shall be made on an individual basis at the rate equal to the meeting
allowance for state enterprise directors, only those attending the meeting. Sub-committee, other working groups,
totaling not more than two committees, and not more than one time per month. The chairperson of the board
receives meeting allowances 25% higher than the directors, and the directors shall pay their own income tax.
Authority and duty of the Independent Board
1. Have authority and duty according to principles and guidelines for good corporate governance
in state enterprises in 2009 Section 3 : Responsibilities of the Board.
2. Use its independent discretion to make strategic decisions and drive, modify, or inhibit operations
when necessary for the benefit of Expressway Authority of Thailand.
3. Perform any other activities assigned by Expressway Authority of Thailand, which must not affect
the duties’ independent performance.
Sub-committee for Coordination of Expressway Traffic Management
Name/Agency Position Term of office No. of Meeting
1. Pol. Lt. Gen. Sompong Chingduang Chairperson Oct 1, 2019-Sep 30, 2020 meeting allowance
Board Member of the Expressway by EXAT’s Board of Directors’ attended (Baht)
Authority of Thailand Member Order No. 4/2019 and 11/2019
2. Mr. Arnon Luangboriboon Member Oct 1, 2019-Nov 20, 2019 2/2 25,000
Board Member of Expressway Member by EXAT’s Board of Directors’ --
Authority of Thailand Member 2/2 20,000
3. Governor of Expressway Authority Member Order No. 4/2019 2/2 20,000
of Thailand Oct 1, 2019-Sep 30, 2020 2/2 20,000
4. Police Major General Jirasan by EXAT’s Board of Directors’ 2/2 20,000
Kaewsaengake Order No. 4/2019 and 11/2019
5. Police Major General Samreang Oct 1, 2019-Sep 30, 2020
Suanthong by EXAT’s Board of Directors’
6. Police Major General Senit Order No. 4/2019 and 11/2019
Samrarnsamruatkit Oct 1, 2019-Sep 30, 2020
by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
Oct 1, 2019-Sep 30, 2020
by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
64
Sub-committee for Coordination of Expressway Traffic Management (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
7. Police Major General Nipon Member meeting allowance
Charoenpol Member Oct 1, 2019-Sep 30, 2020 attended (Baht)
8. Police Colonel Theppitak Saengklar Member by EXAT’s Board of Directors’
Member Order No. 4/2019 and 11/2019 2/2 20,000
9. Deputy Governor for Operation Member 2/2 20,000
of Expressway Authority of Thailand Member Oct 1, 2019-Sep 30, 2020 2/2 -
10. Deputy Governor for Construction Substitute by EXAT’s Board of Directors’ 2/2 -
and Maintenance of Expressway Member Order No. 4/2019 and 11/2019 1/2 -
Authority of Thailand Member --
1 1. Deputy Governor for Law Substitute Oct 1, 2019-Sep 30, 2020 2/2 20,000
and Land Acquisition of Expressway Member by EXAT’s Board of Directors’
Authority of Thailand Substitute Order No. 4/2019 and 11/2019
1 2. Traffic Police Commander Member
Member Oct 1, 2019-Sep 30, 2020
Police Colonel Phopthon Chitman Substitute by EXAT’s Board of Directors’
13. Provincial Police Commander, Member Order No. 4/2019 and 11/2019
Nonthaburi Province Member
Police Colonel Sunattaphon Member Oct 1, 2019-Sep 30, 2020
Noramitsupachet Substitute by EXAT’s Board of Directors’
Police Colonel Dejrapee Kongdee Member Order No. 4/2019 and 11/2019
14. Provincial Police Commander, Member
Samut Prakan Province Substitute Oct 1, 2019-Sep 30, 2020
Police Colonel Wara Wechapinant Member by EXAT’s Board of Directors’
1 5. Superintendent of Sub-division 2, Substitute Order No. 4/2019 and 11/2019
Traffic Police Division Member
1 6. Substitute Member from the Office Member Oct 1, 2019-Sep 30, 2020 - -
of Transport and Traffic Policy and by EXAT’s Board of Directors’
Planning Order No. 4/2019 and 11/2019 1/2 10,000
Mr. Suraphong Mianmit 1/2 10,000
17. Director of Traffic and Transportation
Department, Bangkok Oct 1, 2019-Sep 30, 2020 - -
Mr. Thongdee Nueakaen by EXAT’s Board of Directors’ 2/2 20,000
Mr. Waithaya Nawasetthakul Order No. 4/2019 and 11/2019
18. Director of Maintenance Department
Expressway Authority of Thailand Oct 1, 2019-Sep 30, 2020 2/2 20,000
by Board of Directors’ - -
Order No. 4/2019 and 11/2019 2/2
Oct 1, 2019-Sep 30, 2020 20,000
by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
Oct 1, 2019-Sep 30, 2020 - -
by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019 1/2 10,000
1/2 10,000
Oct 1, 2019-Sep 30, 2020 2/2 -
by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
65
Sub-committee for Coordination of Expressway Traffic Management (Continued)
Name/Agency Position Term of office No. of Meeting
meeting allowance
1 9. Director of Toll Collection Department Oct 1, 2019-Sep 30, 2020 attended (Baht)
of Expressway Authority of Thailand Member by EXAT’s Board of Directors’ 1/2 -
Order No. 4/2019 and 11/2019
20. Director of Operation Planning Division Member Oct 1, 2019-Sep 30, 2020 2/2 -
of Expressway Authority of Thailand by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
21. Director of Expressway System Member Oct 1, 2019-Sep 30, 2020 2/2 -
Engineering Research by EXAT’s Board of Directors’
and Development Division Order No. 4/2019 and 11/2019
of Expressway Authority of Thailand
22. Director of Traffic Control Department Member and Oct 1, 2019-Sep 30, 2020 2/2 -
of Expressway Authority of Thailand Secretary by EXAT’s Board of Directors’
Order No. 4/2019 and 11/2019
2 3. Director of Traffic Management Division Member and Oct 1, 2019-Sep 30, 2020 2/2 -
of Expressway Authority of Thailand Assistant by EXAT’s Board of Directors’
Secretary Order No. 4/2019 and 11/2019
24. Head of Traffic Management Section 2, Member and Oct 1, 2019-Sep 30, 2020 2/2 -
Traffic Management Division, Assistant by EXAT’s Board of Directors’
Traffic Control Department, Secretary Order No. 4/2019 and 11/2019
Expressway Authority of Thailand
Source : Traffic Management Division, Traffic Control Department
as of September 30, 2020
Authority and Duty of Sub-committee for Coordination of Expressway Traffic Management
1. To set up measures and develop solutions to traffic problems in the area of the expressway,
road links, intersection, in front of toll plazas and on-off ramps.
2. To improve and apply technologies in expressway traffic management system in accordance with
the management of on-off ramp area to alleviate the traffic congestion in the area of on-off ramps.
3. To coordinate and inform other related agencies or parties of EXAT’s measures and solutions
to traffic problems in order to facilitate expressway users to leave the expressways in a timely manner.
4. To expedite and follow up the outcomes of the expressway problem solution.
5. To operate or perform other duties as assigned by the Board of Directors.
Committee for Oversight of Si Rat-Outer Bangkok Ring Road Expressway Project
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mr. Chayatan Phromsorn Chairperson Dec 19, 2019-Present attended (Baht)
Director of the Office of Transport
and Traffic Policy and Planning --
2. Mr. Kusol Yaemsa-ard Member Aug 14, 2019-Present --
Deputy Attorney General, Office of Legal --
Counsel, Office of the Attorney General --
3. Ms. Sasiporn Singtomas Substitute Aug 14, 2019-Present
Provincial Public Prosecutor attached to the Office Member
of the Attorney General, Office of Legal Counsel.
4. Ms. Piyawan Lamkitcha Member Nov 25, 2019-
Deputy Director of the State Enterprise Policy Office, May 18, 2020
Acting State Enterprise Development Advisor
66
Committee for Oversight of Si Rat-Outer Bangkok Ring Road Expressway Project (Continued) Annual Report 2020 Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
5. Mrs. Wachiraya Permbhupusri Substitute Nov 25, 2019-Present meeting allowance
Director of Public Private Partnership Member attended (Baht)
Promotion Bureau, State Enterprise Policy Office
--
6. Mr. Chanvit Nakburee Member May 18, 2020-Present - -
State Enterprise Performance Appraisal Advisor,
State Enterprise Policy Office
Source : Operation Planning Division
as of September 30, 2020
Authority and Duty of Committee for Oversight of Si Rat-Outer Bangkok Ring Road Expressway
Project
1. To supervise and follow up on joint investment projects to ensure the implementation as specified
in the joint investment agreement.
2. To consider and recommend solutions to problems that may arise from the implementation
of all joint projects as specified in the joint investment agreement to EXAT.
3. To notify EXAT, private contractors, or government agencies involved in the project to give
explanations, express opinions, or deliver information or relevant documents.
4. To report the performance, progress, and solutions for the implementation of the joint venture
project as specified in the joint investment agreement to the Minister of Transport for acknowledgment
and to submit a copy of the report and related documents to the State Enterprise Policy Office for
a period specified by the Supervisory Board at least six months per time.
5. To consider and comment on the amendment of the joint investment agreement.
Sub-committee for Monitoring Operations in the State Enterprise Plan of Expressway Authority
of Thailand (Change Agent)
Name/Agency Position Term of office No. of Meeting
1. Mr. Pakorn Apaphant Chairperson May 16, 2018-Sep 14, 2020 meeting allowance
2. Governor of Expressway Authority of Thailand attended (Baht)
3. Deputy Governor for Operation Member May 16, 2018-Present
4. Deputy Governor for Strategy and Planning Member May 16, 2018-Present 3/3 11,250
3/3 18,000
3/3 -
Member May 16, 2018-Present 2/3 -
5. Deputy Governor for Administration Member May 16, 2018-Present 3/3 -
6. Deputy Governor for Construction and Maintenance Member May 16, 2018-Present 2/3 -
7. Deputy Governor for Law and Land Acquisition Member May 16, 2018-Present 2/3 -
8. Advisor to Governor Member Feb 20, 2020-Present - -
9. Assistant to the Governor Member May 16, 2018-Present 3/3 -
10. Director of Policy and Planning Department Member May 16, 2018-Present 2/3 -
and Secretary
11. Director of Evaluation Division, Member May 16, 2018-Present 3/3 -
Policy and Planning Department and Assistant May 16, 2018-Present 3/3 -
12. Director of Planning and Project Analysis Division, Secretary
Policy and Planning Department Member
and Assistant
Secretary
Source : Policy and Planning Department
as of September 30, 2020
67
Authorities and Duties of Sub-committee for Monitoring Operations in the State Enterprise Plan
of Expressway Authority of Thailand (Change Agent)
The sub-committee is authorized to supervise and monitor to drive the strategy under the State
Enterprise Plan and the action plan to attain the target, and prepare and submit the plan-based performance
report and summary to the Board of Directors for acknowledgement.
Sub-committee for Digital Technology for Service and Organizational Management
Name/Agency Position Term of office No. of Meeting
Oct 1, 2019-Sep 30, 2020 meeting allowance
1. Mr. Pakorn Apaphant Chairperson Oct 1, 2019-Nov 20, 2020 attended (Baht)
2. Mr. Jessada Promjart Member Nov 21, 2019-Sep 30, 2020
3. Mr. Sarawut Songsivilai Member Oct 1, 2019-Sep 30, 2020 9/9 112,500
4. Assistant Professor Pornthep Anusornnitisan Member Oct 1, 2019-Sep 30, 2020 2/3 20,000
5. Mr. Chatchai Khunpitiluck Member Oct 1, 2019-Sep 30, 2020 --
6. Ms. Tidarat Thanapakpawin Member Oct 4, 2019-Feb 6, 2020 9/9 90,000
7. Mr. Suchart Chonsakpipat Member 6/9 60,000
Governor of Expressway Authority of Thailand Aug 3-Sep 30, 2020 8/9 80,000
8. Mr. Surachet Laophulsuk Member Oct 1, 2019-Sep 30, 2020 1/4 10,000
Governor of Expressway Authority of Thailand Oct 1, 2019-Sep 30, 2020 --
9. Mr. Somporn Somabot Member Oct 1, 2019-Sep 30, 2020 4/9 -
Deputy Governor for Law and Land Acquisition Oct 1, 2019-Sep 30, 2020 9/9 -
10. Mr. Dumkerng Pankam Member 4/9 -
Deputy Governor for Operation Dec 16, 2019-Sep 30, 2020 3/9 -
11. Mrs. Tasanuch Thammachot Member
Deputy Governor for Administration Oct 1, 2019-Sep 30, 2020 2/6 -
12. Mr. Wichan Ekarintrakul Member Oct 1, 2019-Sep 30, 2020
Advisor to Governor (Administration) Acting Oct 1, 2019-Sep 30, 2020 6/9 -
Deputy Governor for Strategy and Planning Oct 1, 2019-Sep 30, 2020 4/9 -
Expressway Authority of Thailand 8/9 -
13. Mr. Chatri Tansiri Member Oct 1, 2019-Sep 30, 2020 3/9 -
Director of Expressway Construction Department,
Acting Deputy Governor for Construction and Oct 1, 2019-Sep 30, 2020 9/9 -
Maintenance of Expressway Authority of Thailand
14. Lieutenant Junior Grade Sanaw Puthawong Member 8/9 -
Director of Information Technology Department
15. Mrs. Chinnanat khunjaroen Member
Director of Maintenance Department
16. Mr. Chai Gaewpeng Member
Director of Toll Collection Department
17. Ms. Tanaporn Artornmit Member
Director of Finance Division,
Acting Treasury and Accounting Department
18. Mr. Pittaya Thanavanichkul Secretary
Director of E-Business Services Division, and
Toll Collection Department
19. Mr. Arnurut Treehirunkul Member
Director of Computer Operations Division, Assistant
Information Technology Department Secretary
Source : E-Business Services Division, Toll Collection Department
as of September 30, 2020
68
Authorities and Duties of Sub-committee for Digital Technology for Service and Organizational Annual Report 2020 Expressway Authority of Thailand
Management
1. To consider and provide suggestions to formulate strategy, policy, planning, management, digital
development planning, and electronic toll collection system service development plan.
2. To supervise the operation in accordance with the digital development plan and the electronic
toll collection system service development plan.
3. To monitor and assess the performance of the digital development plan and the development
plan for electronic toll collection system service, including submitting the operation result report to
the Board of Directors on continuous basis.
4. To promote and disseminate operation guidelines for the electronic toll collection system service
development plan to the expressway users as well as to coordinate with the public sector.
5. To promote and perform other duties concerning the development plan to enhance efficiency
of information and communication technology system management and the electronic toll collection
system service.
Sub-committee for Scrutinizing, Regulating and Expediting the Disbursement of Fiscal Budget
of Expressway Authority of Thailand
Name/Agency Position Term of office No. of Meeting
meeting allowance
attended (Baht)
1. Mr. Prayong Thangcharoen Chairperson Nov 21, 2019-July 14, 2020 2/4 12,500
2. Mr. Sommai Lakananuruk Chairperson July 15, 2020-Present 1/4 12,500
3. Mrs. Panisara Duangsodsri Member Nov 21, 2019-Present 3/4 10,000
4. Mr. Suchart Chonsakpipat Member Sep 27, 2018-Feb 5, 2020 3/4 10,000
5. Mr. Surachet Laophulsuk Member Aug 3, 2020-Present 1/4 10,000
6. Deputy Governor for Construction Member Nov 21, 2019-Present 3/4 10,000
and Maintenance
7. Deputy Governor for Administration Member Nov 21, 2019-Present 3/4 10,000
Source : Treasury and Accounting Department
as of September 30, 2020
Authorities and Duties of Sub-committee for Scrutinizing, Regulating and Expediting
the Disbursement of Fiscal Budget of Expressway Authority of Thailand
1. To scrutinize budgeting and updating fiscal budget of Expressway Authority of Thailand to be
appropriate, efficient and worthy.
2. To plan, monitor, expedite, and give advice on disbursement of EXAT’s budget in keeping with
the entrusted plan and policy.
3. To assign the sub-committee to invite the related parties to provide the information deemed
appropriate.
4. Other tasks entrusted by the EXAT’s Board of Directors.
69
Sub-committee for Solutions to Document of Land Title in Kathu District being constructed
as Part of Right of Way of the Kathu-Patong Expressway Project in Phuket
Name/Agency Position Term of office No. of Meeting
meeting allowance
1. Mr. Prasit Suebchana Chairperson Sep 26, 2018-Present attended (Baht)
2. Mr. Sayan Chanachaiwong Member Sep 26, 2018-Present
3. Mr. Vichien Anukul Member Sep 26, 2018-Present --
4. Vice Governor of Phuket Province Member Sep 26, 2018-Present --
5. Phuket Provincial Land Officer Member Sep 26, 2018-Present --
6. Phuket Provincial Forest Officer Member Sep 26, 2018-Present --
7. Kathu District Chief Member Sep 26, 2018-Present --
8. Land Officer of Kathu District Member Sep 26, 2018-Present --
9. Kathu Municipality Mayor Member Sep 26, 2018-Present --
10. Pa Tong Municipality Mayor Member Sep 26, 2018-Present --
11. Governor of Expressway Authority Member Sep 26, 2018-Present --
of Thailand --
12. Deputy Governor for Law and Land Member --
Acquisition
13. Deputy Governor for Strategy Member Sep 26, 2018-Present - -
and Planning
14. Director of Land Acquisition Department Member Sep 26, 2018-Present - -
15. Director of Policy and Planning Member
Department Sep 26, 2018-Present - -
16. Director of Planning and Project Analysis Member Sep 26, 2018-Present - -
Division, Policy and Planning Department
17. Director of Land Acquisition Division, Member and Sep 26, 2018-Present - -
Land Acquisition Department Secretary
18. Head of Verification Section, Sep 26, 2018-Present - -
Land Acquisition Division, Member and
Land Acquisition Department Assistant Secretary Sep 26, 2018-Present - -
19. Head of Engineering Analysis Section,
Planning and Project Analysis Division, Member and Sep 26, 2018-Present - -
Policy and Planning Department Assistant Secretary
Source : Land Acquisition Division, Land Acquisition Department
as of September 30, 2020
Authorities and Duties of Sub-committee for Solutions to Document of Land Title in Kathu District
being constructed as Part of Right of Way of the Kathu-Patong Expressway Project in Phuket
The sub-committee is authorized to formulate the guideline and solve the construction problem
of expressway in zone of the land without title deed and possessory document on land which is in
the zone of public land.
Note : in the fiscal year 2020, the meeting was not organized because EXAT (Policy and Planning Department)
has requested permission from the Royal Forest Department to use the area. In this regard, when the conclusion
is reached, the next meeting will be organized.
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Audit Committee Report Annual Report 2020 Expressway Authority of Thailand
Internal Audit
Expressway Authority of Thailand (EXAT) has established the Internal Audit Office in order to perform
duties in providing assurance as well as independent and justifiable counselling service to add value and
improve the performance of EXAT’s operation for achieving its setting goal. The effectiveness of internal
control process, risk management and corporate governance shall be systematically evaluated and improved.
The Internal Audit Office performs its duties in compliance with the Ministry of Finance’s Regulation on State
Enterprise Audit Committee and Internal Audit Unit B.E. 2555 (2012), the Ministry of Finance’s Revised Handbook
on State Enterprise Internal Audit B.E. 2555 (2012) and international standards for professional internal audit
regulated by the Institute of International Auditors (IIA). The audit report shall be proposed to the Governor,
Audit Committee and EXAT’s Board of Directors.
In the fiscal year 2020, the Internal Audit Office completed its work in accordance with the audit plan
for the fiscal year 2020 and guideline as stipulated in the Ministry of Finance’s Handbook on State Enterprise
Internal Audit as follows :
1. Audit of the operation of EXAT’s 15 operating systems following the audit plan for the fiscal year
2020 and monitoring the performance according to audit reports
2. Verification of EXAT’s financial reports
3. Verification of corporate governance
4. Verification of EXAT’s risk management
5. Verification of internal control regulations as stipulated by the Ministry of Finance’s Internal Control
Standards and Regulations for State Enterprises B.E. 2561 (2018)
6. Provision of counselling service
Audit Committee Performance Report for the Fiscal Year 2020
In the fiscal year 2020, the EXAT’s Board of Directors issued an order appointing new audit committee
members as follows :
1. Ms. Chunhachit Sungmai Chairperson
2. Mr. Anek Mee-mongkol Member
3. Mr. Jessada Promjart Member
4. Director of Internal Audit Office Secretary
The Audit Committee performs its duties as assigned by the EXAT’s Board of Directors and adheres
to the Board’s orders, as well as, Orders of the Ministry of Finance’s Regulation on State Enterprise Audit
Committee and Internal Audit Unit B.E. 2555 (2012), the Ministry of Finance’s Revised Handbook on State
Enterprise Audit Committee B.E. 2555 (2012) and the Audit Committee Charter.
In the fiscal year 2020, the Audit Committee held a total of 9 meetings as per the quorum from the
attendance of its members in every meeting. The meetings were held with the auditors (representatives from
the State Audit Office of the Kingdom of Thailand) in the absence of other parties for independent discussion.
The Audit Committee also mutually discussed with the auditors and the internal auditor on the auditors’
audit issues of EXAT’s financial statements for the fiscal year 2019, and the audit scope of the EXAT’s financial
71
statements for the fiscal year 2020. Including the follow-up and reporting of the results of the performance
according to the new criteria for assessment of the results of the work. (State Enterprise Assessment Model :
SE-AM). In accordance with internal control of good corporate governance, risk management and quality assurance
of the audit committee members, the essence of the duty performance can be summarized as follows :
1. Verification of financial report : The EXAT’s quarterly and annual financial statements are verified,
emphasizing on important issues and providing constructive comments to ensure accuracy and reliability of
financial statement preparation process, as well as containing adequate and proper disclosure of information
and following the accounting standards in accordance with the Generally Accepted Accounting Principles.
2. Verification of good corporate governance : The EXAT’s good corporate governance in operations
is reviewed. The verification includes the EXAT’s reporting of complaints on EXAT’s operations focusing on
the issues and constructive comments on governance in solutions for the complaints in order to ensure
more efficient operations of EXAT.
3. Verification of risk management : EXAT’s risk management is reviewed. The verification includes
the risk management planning in accordance with the EXAT’s business continuity management planning.
4. Verification of internal control : The sufficiency, appropriation, efficiency, and effectiveness of
EXAT’s internal control are reviewed. The verification includes an assessment report of the EXAT’s internal
control system in compliance with the Ministry of Finance’s Regulation on Internal Control Standards and
Regulations for Government Agencies B.E. 2561 (2018), from the report of the audit results of the Internal Audit
Office, and monitoring the improving and corrective actions as recommended by the Internal Audit Office.
5. Internal Audit Supervision : The tasks are defined to supervise, recommend and support independent
and impartial work performance of the internal audit unit; review and approve the Internal Audit Office
Charter, long-term and annual audit plans, strategic plan and action plan for improving work performance,
long-term and annual personnel development plans, annual fiscal budget, and work performance handbook
of the Internal Audit Office ; verify audit performance in line with the annual audit plan, and measure
of the Internal Audit Office. The Audit Committee gives precedence and supports the internal auditors
to improve their professional knowledge and assist them to receive professional diploma.
6. Assurance of Audit Committee’s quality : Review and improve the Audit Committee Charter ;
assess performance of the Audit Committee, provide performance process handbook of the Audit Committee,
suggest and monitor compliance result in accordance with suggestions ; as well as report the meeting results
and comments from the Audit Committee to the EXAT’s Board of Directors on a quarterly basis.
7. Remuneration for the Auditor : Expressway Authority of Thailand is a State Enterprise which has
the Office of the Ombudsman responding as auditor with a remuneration amount of 1,500,000 baht.
In fiscal year 2020, the Audit Committee commented that EXAT has prepared financial statements
demonstrating its significant performance and financial status with material information in accordance with
the generally accepted accounting principles adequately and reliably as well as displaying good corporate
governance. The risk management and internal control system are considered adequate and appropriate.
EXAT has also operated in compliance with the relevant laws, rules, regulations and policies.
(Ms. Chunhachit Sungmai)
Chairperson of the Audit Committee
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Performance Analysis Annual Report 2020 Expressway Authority of Thailand
Economic Status
EXAT is the organization having main mission to solve traffic problem by means of expressway
construction which always helps support and enhance efficiency on national logistics development
and services. Up to present, eight expressways falling under EXAT’s responsibility have been opened to
the public, covering total length of 224.6 kilometers.
Expressways Currently Opened for Public Services
1. Chalerm Maha Nakorn Expressway 27.1 kilometers in length
2. Si Rat Expressway 38.4 kilometers in length
3. Chalong Rat Expressway (Ram Inthra-At Narong and the Ram Inthra-Outer Bangkok Ring Road
Expressways) 28.2 kilometers in length
4. Udon Ratthaya Expressway 32.0 kilometers in length
5. Burapha Withi Expressway 55.0 kilometers in length
6. Bang Na-At Narong Expressway 4.7 kilometers in length
7. Kanchanaphisek Expressway (Bang Phli-Suksawat) 22.5 kilometers in length
8. Si Rat-Outer Bangkok Ring Road Expressway 16.7 kilometers in length
Financial Analysis
The traffic volume in the fiscal year 2020 (October 2019-September 2020) consisted of 560.45 million
trips/year or 1.53 million trips/day, which decreased from the fiscal year 2019 by 19.40 percent. The total
toll revenue (before it was shared with the EXAT’s joint ventures and the Thailand Future Fund or TFFIF)
amounted to 22,665.55 million baht/year or 61.93 million baht/day, which represented a 15.98 percent
decrease from that in the fiscal year 2019. The Si Rat Expressway (Suburb Section and the ‘D’ Section)
had the highest traffic volume, which was 120.61 million trips/year or 0.33 million trips/day, followed by
the Chaloem Maha Nakhon Expressway, with a total of 117.64 million trips/year or 0.32 million trips/day,
the Si Rat Expressway in urban areas, with a total 98.33 million trips/year or 0.27 million trips/day,
the Chalong Rat Expressway, with a total 77.12 million trips/year or 0.21 million trips/day, the Burapha Withi
Expressway, with a total 49.98 million trips/year or 0.14 million trips/day, Kanchanaphisek Expressway
(Bang Phli-Suksawat), with a total 46.83 million trips/year or 0.13 million trips/day, the Utarathaya Expressway,
with a total of 28.58 million trips/year or 0.08 million trips/day, and the Si Rat Expressway-Bangkok
Outer Ring Road, with a total of 21.36 million trips/year or 0.06 million trips/day.
In the fiscal year 2020 (as of 30 September 2020), the EXAT’s total asset was valued at
240,499.98 million baht, which showed a decrease of 4,420.42 million baht from the fiscal year 2019,
which represented 1.80 percent, which decreased from current asset due to the payment of debt due.
The EXAT’s total liabilities amounted to 112,118.98 million baht, which showed a 7,841.38 million baht
decrease from the fiscal year 2019, which represented 6.54 percent. The decrease resulted from the payment
of bonds, government loans and equity amounting to 128,381.00 million baht, which was an increase
of 3,420.96 million baht from the fiscal year 2019, representing a 2.74 percent increase. As for the operating
results in the fiscal year 2020 (October 2019-September 2020), the EXAT had a total revenue
of 15,991.21 million baht, a total expense of 9,278.69 million baht, and a comprehensive income
of 6,420.96 million baht, which was a 281.10 million baht decrease from the fiscal year 2019, accounting
for a 4.19 percent decrease, due to the COVID-19 epidemic, which led to a reduction in operating results.
73
Total expenses on employees for the fiscal years 2017-2020
Item 2018 2019 Unit : Million Baht
Total expenses on employees 2,941.30 3,534.95 2020
3,063.11
Source : Accounting Division, The Finance and Accounting Department
as of September 30, 2020
Outcome and Report on Performance Analysis
In fiscal year 2020, Expressway Authority of Thailand (EXAT) has executed good performance and
be able to achieve its corporate goals as detailed below :
1. Maximum utilization of expressways and assets for total area of 557,973.61 square wah in
the expressway right-of-way utilized during fiscal year 2020.
2. Assurance on quality of service and safety : EXAT has conducted a public opinion survey which
revealed that 93.48% of the expressway users are very satisfied with EXAT’s services while the number of
expressway accidents per 100 million vehicle-kilometers of travel shows 9.76%
3. Stable growth on performance with reasonable profit resulting in net profit of 6,420.96 million baht.
Important Investment
1. Rama III-Dao Khanong-Western Outer Bangkok Ring Road Expressway Project
The Project aims to serve effectively as a route network to accommodate travel between
the outer and inner areas of Bangkok with the city’s western area and its perimeter including travel
from the southern provinces of Thailand, and to help alleviate traffic congestion between Rama II Road
and Chalerm Mana Nakorn Expressway in Suk Sawat-Dao Khanong Section to be more rapid and convenient
as well as a route choice for travelling and logistic in crucial situation such as flood disaster in 2011. Moreover,
the project is capable to be a substitute route in case Rama IX Bridge is required to be closed for major
maintenance which will eliminate problems for connecting to the south. The project is of 18.70 kilometers
in length with the starting point of the project linking with the elevated project of National Highway No. 35
(Thon Buri-Paktho) at km 13+000 of Rama II and it is an elevated 6-lane road (3 lanes for each direction)
overlapping along the median of Rama II Road until reaching Dao Khanong Toll Plaza. Then the route
overlaps Chalerm Maha Nakorn Expressway until it reaches Rama III Road close to Bang Khlo Interchange.
New 8 lanes (4 lanes for each direction) bridge crossing the Chao Phraya River will be newly constructed
and aligned to the south of Rama IX Bridge. This expressway contains 7 on-off ramps.
2. Si Rat-Bangkok Outer Ring Road Expressway Project
The project aims to expand the expressway network in the area of Bangkok and its western perimeter
as well as solves traffic congestion on soil-level roads and helps ease traffic congestion on western part
of Bangkok and nearby provinces to be more efficient. The project is an elevated 6-lane road starting from
Western Bangkok Outer Ring Road aligns with the Southern Railway paralleling to Borommaratchachonnani Road
and crossing the Chao Phraya River at Rama VI Bridge, passing through Bang Sue Intersection and ending its link
with Si Rat Expressway in northern part of Mo Chit Bus Terminal 2. The project is 16.70 kilometers in length.
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Goverment Budget Allocation Unit : Million baht Annual Report 2020 Expressway Authority of Thailand
Cost of Land Acquistion of fiscal year 2020
Allocated Budget Disbursement Percentage
Project 305.3232
- Rama III-Dao Khanong-Outer Bangkok Western Ring 305.3232 100
Expressway Project 4.2325
- Si Rat-Outer Bangkok Ring Expressway Project 309.5557 4.2325 100
309.5557 100
Total
Capital structure
Capital 2018 2019 Unit : Million baht
3.52 3.52 2020
3.52
Items 76,986.79 76,986.79 76,986.79
Initial capital 44,667.67 47,969.73 51,390.69
Subsidy budget 121,657.98 124,960.04
Unappropriated retained earnings (loss) 128,381.00
Total capital
Loan debt 2018 Unit : Million baht
2019 2020
15,378.90
Items 20,150.00 14,978.90 14,578.90
Domestic loans, guaranteed by the Ministry of Finance 18,150.00 11,700.00
300.00
Government loans - - -
Government bonds -
Domestic loans, not guaranteed by the Ministry 44,811.00 44,811.00
of Finance 35,828.90
Liabilities under the Agreement on Transferring 1,658.18 3,041.60
the Right to Revenue to the Fund
Accrued interest under the Agreement on Transferring 79,598.08 74,131.50
the Right to Revenue to the Fund
Total loan debt
Levies Items 2018 2019 Unit : Million baht
4,110.00 3,400.00 2020
Levies 3,000.00
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Risk Management
Expressway service is regarded as a core business of the Expressway Authority of Thailand (EXAT).
EXAT has a duty to develop and improve expressways, ensuring their safety and compliance with applicable
standards, while providing innovative, value-added services. Its businesses are carried out under the concept
of efficient asset management so as to strengthen the potential of expressway business and social benefits. In
addition, it gives precedence to developing management systems as well as investing to enhance organizational
values in accordance with its vision : “Being determined to improve expressways and offer a good service
that is economically worthwhile, convenient, fast and safe in a sustainable way.” Risk management and
internal control therefore have been adopted, as tools to support its operation by means of “Value-based
Enterprise Risk Management (VBRM) as well as in pursuant to COSO-ERM Portfolio View of Risk framework.
Such an approach emphasizes performing duties using multiple strategies while regarding risk management
as a way to create business opportunities, resulting in the achievement of organizational values and benefits.
This execution has been performed in consistency with the rule of Ministry of Finance on standards and
practice of the risk management for the government agencies B.E. 2562 (2019). The said rule has been observed
by the state enterprises in accordance with the rules or practices on risk management and internal control,
and risk management and internal control handbook as prescribed by the State Enterprise Policy Office.
Risks are managed to be in line with State Enterprise Assessment Model (SE-AM) System that emphasizes
on the result-based system and annually reviews/improves according to changing circumstances.
Based on the previous outcomes of risk management and evaluation of the organization’s quality,
it discloses that EXAT has still encountered with different risk situations which vary according to changing
trends as well as uncertainty from internal and external factors. Therefore, it is essential that EXAT analyzes
the organization’s risk situations to be able to indicate the organization’s risks. Such risks are managed
to ensure its business the development opportunities and organizational value enhancement, leading to
its sustainable growth under the acceptable risk level. The fiscal years of 2017-2021, EXAT’s risk management
direction aims to achieve “the management of Risk Intelligence to create opportunity and preserve values
of the organization” which propels by four strategies : 1) securing financial balance 2) driving business in
system and process innovation 3) operating business for society, and 4) reinforcing organizational risk culture.
There also are six management tactics as follows :
1. Development of human capital and process capital to be the foundation toward a leading state
enterprise
2. Enhancement of investment capability strategy based on financial innovation management
3. Building business opportunity from revenue management by making maximum use of assets and
technologies
4. Business development based on requirement management/expectation management of customers
and stakeholders
5. Creation of sustainable organization based on development of organizational learning, integration
of working procedures, the personnel potential management, and establishment of the intelligent
organizational culture and risk management ability
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6. Development of the potential in managing big data to be used for warning the organizational Annual Report 2020 Expressway Authority of Thailand
risks and reducing losses in business opportunities, personnel potential management, and reinforcement
of constructive organizational culture
EXAT has performed a review of risk situation analysis by anticipating the future outlook, indication
of risk drivers and the cause of risk, enabling EXAT to indicate and divide its key risk factors in fiscal year 2020
into four types : strategy, operation, finance, and law/regulation. To correct all three risks and six causes
of the risks, three work plans have been established accordingly to handle risks as per the following summary :
Risks Causes Risk Management Plans
(3 Risks) (6 Causes) (3 Risk Management Plans)
1. Express Security 1.1 Network Traffic Management 1.1) Smart Express Plan
1.2 Accidents Management
2. Organization Development 2.1 Human Resource Management 2.1) Smart Organization Plan
2.2 Digital Advancement
3. Performance 3.1 Revenue Management 3.1) Smart Value Management Plan
3.2 Cost Management
Additionally, in fiscal year 2020, EXAT’s Business Continuity Plan (BCP) has been reviewed/improved
to be in accordance with the current circumstances and efficiently cover key work systems. Rehearsal of
every business continuity plan has been performed to be in preparation for solving any critical situations
which may arise and affect EXAT’s operation. Moreover, EXAT has communicated to the employees
to enhance knowledge and create understanding about its business continuity plan.
The outcome of risk management in fiscal year 2020 under 25 Key Risk Indicators (8 KRIs in
organizational level, and 17 KRIs in plan level, comprising 6 KRIs of risks and 11 KRIs of causes of risks)
disclosed as follows :
1) 6 KRIs from total of 8 KRIs in organization risk level met the determined target whereas still below
target KRIs included DSCR and cash flow ratio.
2) KRI in plan level described that EXAT was capable of managing 3 risks and 5 causes of risks (15
KRIs) out of total of 3 risks and 6 causes of risks (17 KRIs) in acceptable level. The below target risks and
causes of risks included : revenue management (percentage of daily traffic flow of Electronic Toll Collection
System comparing with total of all 4-wheel vehicles (2 KRIs), and due to the epidemic of Coronavirus
2019 (COVID-19) affecting the overall of the country’s economy as well as the slowdown of expressway
usage although there was a promising sign continuing in 3rd quarter, as a matter of fact, growth ratio has
decreased comparing to the previous year resulting in below target for this fiscal yearend.
However, the risk has still been continuously managed in fiscal year 2021.
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Internal Control
For the EXAT’s efficient and effective internal control system toward the organizational operation, it has
been emphasized that internal control systems have been put in place to cover all groups of work processes
according to the purposeful operations, reporting and the practice of adhering to the laws and regulations
(Compliance) in accordance with the rule of the Ministry of Finance on standard and practice of the internal
control for the government agencies B.E. 2561 (2018) and has continuously developed an internal control
system preserving the risks of combined organization (risk universe) under the Risk Management Manual
and Plan of EXAT’s fiscal year to determine the analysis and setting up of the internal control system
during the period of six months after the fiscal year, to ensure the consistent efficiency and effectiveness
of the internal control. In the fiscal year 2020, EXAT has established guidelines to follow up the results
of the internal control’s assessment systematically. All agencies have to report Control Self-Assessment
(CSA) based on a normal risk-based basis and irregular basis through the internal control Information system.
And there also has an internal control assessment in completion of 5 elements classified by follow-up period
and the assessment results into two groups as follows :
1) The internal control group approaching continuously improvement whereas the process of high
risk management level is very low, then, the follow-up assessment has to be done on quarterly basis (every
three months).
2) The internal control group approaching monitor and vigilance whereas the process of high risk
management level is in minimum to moderate, hence, the follow-up assessment has to be done on monthly
basis (every month).
EXAT has developed and checked the information technology system to support risk management and
internal control on a continuous basis in order to correspond to the digital era’s operations by undertaking
each risk unit/risk project according to the ten organization risk issues which expecting to be implemented in
the first quarter of the fiscal year 2021.
In addition, EXAT has launched a new learning system during the outbreak of Coronavirus 2019
(COVID-19) as well as a new learning system by providing learning materials in e-Learning model with
the topic of “Knowledge of Risk Management and Internal Control” facilitating in the new employees
orientation of EXAT in order to be easily accessible and recognized.
The results of the internal control assessment of the EXAT fiscal year 2020 cover all five elements
comprising environment, control, risk assessment, control activities, information and communication as well
as follow-up activities where achievement of the internal control target percentage is 99.83 under the total
of 410 key performance indicators of the internal control. These key performance indicators consisting of the
internal control group of continuous improving operations of 398 KPIs and internal control group of monitoring
and vigilance of 12 KPIs. The result of internal control on monitoring and vigilance that has been below target
comprising of 3 KPIs as follows :
Budget management, construction of expressway operation center building project and construction
of Rama III-Dao Khanong-Western Bangkok Outer Ring Road expressway project.
Nevertheless, the internal control assessment has still been continuously monitored in fiscal year 2021.
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Research and Development Result of Expressway Service Annual Report 2020 Expressway Authority of Thailand
The Smart Search Engine for Identifying Vehicles on the Expressway in Thailand
EXAT has studied and installed the Automatic License Plate
Recognition : ALPR of five cameras at three locations composing one
camera at the on-ramp of Chalong Rat control center (CCB3), two cameras
at the off-ramp of Pattanakarn 2 Toll Plaza and another two camaras
at the Toll-Booth of Pattanakarn 2 toll plaza to collect vehicles data
stored in the ALPR system for the purpose of analyzing and collecting
the statistic data which is able to play back including processing a report.
Formerly, making a report was full of difficulties and non-automatic.
Staffs at the toll plazas had to segregrate great number of data
for the passing through vehicles which took great deal of times and
personnel to process. With this aspect, EXAT has provided Information
System to support and render convenient process for employees’
purusable performance while the installed ALPR would be thorough
studies of its accuracy at the same time.
Application Development for Expressway Traffic Information
EXAT has developed an application for Expressway traffic
situation information namely “EXAT Traffic” in order to support
Android Operation System and iOS Operation System with free of
charge download which capable to provide real-time information
through CCTV streaming as well as colored traffic map. A new
display screen panel of this current version has been designed
to be more modern and autonomic, for instance, in closing range
of 2 kilometers the notification in message form for the traffic
condition will be shown and within 5 kilometers from the toll
plaza the notification for toll fee paying will also be transmitted.
There are many more than ten other functions to accommodate
convenience to expressway users.
Multi-Lane Free Flow (M-Flow) Single Platform System
Toll automatic collecting system with no barrier “Multi-Lane
Free Flow (M-Flow)” is a new form of automatic toll collecting system
which enables all vehicles to rapidly and conveniently pass through
the toll plaza without any halt and will also link personal data
with Department of Local Administration’s database, the data of
the license plate of each vehicle will also link with Department of Land
Transport and other relevant government agencies. It will organize
all performances in single platform which is capable to link with other
database systems in the future.
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Expressway Road Surface Standard
EXAT has set selective standard of asphalt cement
types for Expressway road surface in accordance to
effective and worthwhile maintenance plans. The
utilization of different road surface for the Expressway
varies on the characteristic of traffic flows quantity called
Equivalen Single Axle Loads (ESALs) of each route. The
normal asphalt cement or natural rubber modified
asphalt cement is to be utilized on route surface of less than 10 million ESALs and polymer modified
asphalt cement is to be used on route surface of more than 30 million ESALs. The optimum ESALs
of all routes is the Kanchanaphisek (Bang Phli-SukSawat) Expressway whereas the highest quantity of trucks
affecting the frequencies of road surface maintenance, thus, the necessity of substantial and sturdy road
surface material is imperative.
International Academic Collaboration
October 4, 2019 : Hanshin Expressway Co., Ltd. (HEX)
and KFC Co., Ltd., Japan led by Mr. Nishibayashi Motohiko,
Manager, International Business and Cooperation Office,
and Mr. Matsushima Futoshi, General Manager, Technical
Division, respetively, discussed concerning Expressway
performance for maintenance with the demonstration
of the preparation of Carbon Fiber Reinforced Polymer :
(CFRP), in order to undergo a maintenance for damaged expressways (demo site).
November 19-21,2019 : The executives and officers of
Hanshin Expressway Co., Ltd. (HEX) and HEX Traffic Patrol
Co., Ltd. (HEP), with a total of six persons, attended training
and Techinical Exchange Program regarding Expressway’s
Management and Traffic Performance including site visits
of EXAT’s Control Center and various trainings concerning
traffic controllers division.
December 11-13 2019 : four employees (young staff)
of Hanshin Expressway Co., Ltd., attended a trainning
course as well as Techincal Exchange Program according
to understanding framework (MoU) with an observation
of the Expressway’s performances include mutual cultrue
exchange among the employees.
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December 17, 2019 : The executive group of Hanshin Annual Report 2020 Expressway Authority of Thailand
Expressway Co., Ltd. (HEX) and Asanuma Corporation paid
a visit to the Governor in order to report the progress of
the seminar topic “Technical Exchange Seminar on Structura
Maintenance” which was scheduled on December 18, 2019 .
December 18, 2019 : The Hanshin Expressway Co., Ltd.
(HEX) with KFC Co., Ltd., and Asanuma Corporation, Japan
incorperated with the EXAT hosted a seminar relating to
structural maintenance and technological demonstration
of Laminated Fiber Reinforced Polymer with the topic
“Technical Exchange Seminar on Structural Maintenance”.
The demonstration took place in the control center beneath
the up ramp of inbound Chalong Rat Expressway Control
Center (CCB3).
December 19-20, 2019 : A group of executives
from Korea Expressway Corporation (KEC) consisted of
Mr. Byeong Jin LEE, Director, Overseas Project Division and
Mr. Jaehong KO, Senior Manager, paid a visit to discuss on
co-management and Development in Service Area Program.
May 22, 2020 : A group of executives and officers
of the Hanshin Expressway Co., Ltd. (HEX) led by
Mr. Nishibayashi Motohiko, Manger, International Business
and Cooperation Office, Engineering Department exchanged
opinions through Zoom Cloud Meeting (Video Conference),
related to the affect on numbers of expressway users
during the situation of the Coronavirus 2019 (COVID-19)
epidemic.
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EXAT’s Performance on Corporate Social Resposibility
Expressway Authority of Thailand (EXAT) puts emphasis on performing corporate social responsibility
(CSR) in conjunction with its main mission to mitigate traffic congestion problem by means of providing
expressway service. EXAT formulates the 5-year long term strategic corporate social responsibility master
plan (2016-2020) comprising key strategies to operate corporate social and environmental responsibility
which will lead to sustainable development as follows :
Overview of the 5-Year Long Term Strategic Corporate Social Responsibility Master Plan (2016-2020)
Strategy 1 Strategy 2 Strategy 3
Responsibility Fairly Reinforcing Community Enhancing Capability of Environmental
for Business Procedure
(Sustainable Business) and Social Acceptance Mitigation and Development
(Sustainable Society) (Sustainable Planet)
Strategy 1.1 Creativity Strategy 2.1 Relationship Strategy 3.1 Promotion on
of Personnel’s Management with Environmental Awareness
Quality of Life Land-Expropriated for Business Operation
Strategy 1.2 Operation Based on Individuals Strategy 3.2 Engagement in Efficiency
Corporate Governance Strategy 2.2 Building Participation of Energy Consumption
Strategy 1.3 Responsibility for in Sustainable and Impacts of Climate
Expressway Services Development and Change
Care for Community
and Society
Strategy 1 Responsibility for Business Procedure (Sustainable Business)
This strategy aims to enable EXAT to integrate social responsibility within the value chain starting
from upstream level, partner/supplier, passing to midstream level, EXAT, until reaching downstream level,
expressway users. Three sub-strategies are described below.
Strategy 1.1 Creativity of Personnel’s Quality of Life
1) Learning and personnel’s capacity enhancement
2) Worthy and equitable reward management
3) Occupational health and safety management
Strategy 1.2 Operation Based on Corporate Governance
1) Anti-corruption
2) Social responsibility development and promotion within the value chain
Strategy 1.3 Responsibility for Expressway Services
1) Product improvement to increase user satisfaction
2) Service use-related health and safety care
Strategy 2 Fairly Reinforcing Community and Social Acceptance (Sustainable Society)
This strategy pays attention to the alleviation of a negative impact caused by EXAT’s operation such
as those who are affected by land expropriation and the community surrounding the right-of-way, etc.
This is carried out together with launching of CSR-after-Process activities to develop the community and
society by means of career building and local economy development. Two sub-strategies are indicated below.
Strategy 2.1 Relationship Management Promotion with Land-Expropriated Individuals
Strategy 2.2 Building Participation in Sustainable Development and Care for Community and Society
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Strategy 3 Enhancing Capability of Environmental Mitigation and Development (Sustainable Planet) Annual Report 2020 Expressway Authority of Thailand
The last strategy gives priority to relieving any environmental impacts significant for EXAT’s operation,
for instance, climate change, biodiversity, inventory management, energy efficiency improvement as well
as good environmental rehabilitation for future. Two sub-strategies are as follows :
Strategy 3.1 Promotion on Environmental Awareness for Business Operation
Strategy 3.2 Engagement in Efficiency of Energy Consumption and Impacts of Climate Change
EXAT’s Activities on Corporate Social Responsibility
1. Volunteer activity namely “We do good deeds for our Country, Religion and Monarchy” took
place on the occasion of the Birth of His Majesty King Rama X in 2020 during the period of July 15-17, 2020
at Bueng Phra Ram IX, Huay Kwang, Bangkok in order to honour and pay gratitude towards His Majesty
the King. The management staff members and EXAT employees joined together with Huay Kwang District,
the Drainage Office, the Crown Property Bureau, the Wang Thong Lang Police Station, the Medical
Development Clinic Center and the community of Bueng Phra Ram IX Patana in cleaning up, garbage
collecting as well as improving of the surrounding area of Bueng Phra Ram IX. In addition, EXAT had given
cloth masks to the Medical Development Clinic Center and supplied LED screen computer equipment
and consumption utilities to the community of Bueng Phra Ram IX Patana as well. The event was opened
and presided over by Mr. Surong Bulakul, EXAT’s chairman of the board of directors.
2. “Good Contribution with the Expressway”: a volunteer project of “Heartful Doing Good”
which took place on September 10, 2020 at the entrance area of Bang Muang Expressway 1 toll
plaza on Kanchanaphisek Expressway (Bang Phli-Suksawat), Bang Mueang, Mueang Samut Prakarn,
Samut Prakarn. The event was participated by Bang Muang District’s permanent secretary, executives,
employees and workers of EXAT as well as heads of Naruemonsiri Community, Rajasupanimitr 1
Community and Mitr Mitri 2 Community together with approximate 100 volunteers from “904 Volunteer
Unit” of EXAT. The objectives were to develop the surrounding and improve the landscape of the entrance
of EXAT Bang Muang Expressway 1 toll plaza to become benificial public area whereas gardens and trees
were putting in to embellish around EXAT’s communities area as well as turn into useful public venues for
recreations and exercises. All of these would also be served for intrusive protections and littering purposes
as the participants had particiated in the activity of plant growing (Foxtail palm). Additionally, cloth masks
and more than 100 garden vegetables were distributed to all participants.
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Declaration of Expressway Authority of Thailand
Re : Corporate Social Responsibility for Sustainable Development Policy
Expressway Authority of Thailand (EXAT), a State Enterprise under the Ministry of Transport, determines
and emphasizes on social responsibility as well as transportation operation for the country in order to maintain
its sustainable development which conforms to the Vision : “Commitment to advance expressway development
to sustainably provide excellent services that are worthwhile, convenient, prompt, and safe”, therefore, has
declared the Corporate Social Responsibility for Sustainable Development Policy which supersedes all other
precedent EXAT’s social responsibility policies with details as follows :
Policy 1 : Management, employees and workers of the EXAT determine to execute the operation
in accordance to social responsibility as follows :
(1) Determine to execute the operation based on social responsibility, cultivate and create consciousness
to operational employees in all levels on capacity of social responsibility, good governance, honesty, transparency,
and verifiable to precede organization maximum benefit and trust from stakeholders.
(2) Support the integration of working units both internal and external of the organization including sharing
social responsible resources to achieve the determined goals.
(3) Participate as one of the organizations taking part in social supporting projects, social developing and
uplifting quality of life for communities and societies.
(4) Disclose information of social responsible operations to public covering economy, social and
environment in accordance with GRI Standards.
Policy 2 : Encourage the EXAT to display social responsibility in its operation on capacity of CSR
In Process systematically as a guideline for sustainable operation conforming to GRI Standards covering
aspects of economy, social and environment as follows :
(1) Economy : Business profit grows steadily, EXAT’s network development which is the basis infrastructure
benefiting to country’s economy, EXAT’s services development with quality, rapidity and safety under good
governance administration.
(2) Social : Operate business in accordance to Human Rights Provision, confers fair returns and benefits
including safety and occupational health awareness to EXAT’s employees and workers, create participation
among affected persons of the operation including establishing social and community bonds and developments.
(3) Environment : Utilize resources efficiently, supporting friendly environmental operations, emphasize
on reducing negative environmental footprint and execute strictly under environmental Laws, Orders, Standards
and Regulations.
It is of essential that EXAT is an organization representing genuine sustainable development and takes
important part in social sustenance. Above Policy sustains as responsible obligation upon all EXAT’s Executives,
employees, and workers as a whole.
Dated September 23, 2020
(Mr. Surachet Laopoonsuk)
Governor
Expressway Authority of Thailand
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Business Conditions, Plans and Strategies Annual Report 2020 Expressway Authority of Thailand
Expressway Authority of Thailand (EXAT), Ministry of Transport, performs its operations according
to policy indicating its main mission to serve and increase the efficiency of quality expressways on
capacity of solving traffic problem around Bangkok Metropolis and Vicinity on foundation of solid business
management as well as resposibilities towards society and environment. Up to present, 8 expressways
existing under EXAT have been opened to the public covering total length of 224.6 kilometers comprising
of Chalerm Mana Nakorn Expressway, Si Rat Expressway, Chalong Rat Expressway (Ram Inthra-At Narong
and the Ram Inthra-Outer Bangkok Ring Road) Burapha Withi Expressway, Udon Ratthaya Expressway,
Bang Na-At Narong Expressway, Kanchanaphisek Expressway (Bang Phli-Suksawat) and Si Rat-Outer Bangkok
Ring Road Expressway. In this regard, the EXAT’s plans and strategies are implementing for the operations
to develop its network system to be able to completely connect with each other as follows :
Expressway Under Construction Projects
RAMA III-Dao Khanong-Western Outer Bangkok Ring Road Project
The projects aim to facilitate the expansion of the expressway’s network to handle traffic between
inner and outer areas of the Metropolis, traffic flows on Rama II road as well as Chalerm Maha Nakorn
Expressway, at the same time, as a substitution in case Rama IX Bridge requires major maintenance since
it has long been in service for more that 30 years. The starting point of the project is to converge with
the elevated road project on Highway No. 35 of the Department of Highway at km 13+000 of Rama II Road
near Bang Khun Thien Interchange composing of 6 traffic lanes (3 lanes for each direction), overlapping
along the median of Rama III’s traffic island to reach Dao Khanong Toll Plaza from north-eastern direction,
then overlapping the Chalerm Maha Nakorn Expressway to reach Rama III Road closes to Bang Khlo
Interchange of which the ending point linking with Chalerm Maha Nakorn Expressway and Si Rat Expressway.
New 8 lanes bridge crossing the Chao Phraya River will be newly constructed and aligned to the south
of Rama IX Bridge with 7 on-off ramps as well as one interchange in the length of 18.7 kilometers.
Future Expressway Projects
1. The Third Stage Section N2 of Northern Expressway Project converges to Eastern Bangkok
Outer Ring Road and Being the Section N1 Substitution.
The project aims to solve traffic problems on Prasert Manukit and Pradit Manutham roads
at the intersection of Chalong Rat Overpass, lighten the traffic condensation around the Prasert Manukit
traffic light area and also converge the complete East-West Corridor of the Expressway’s network.
The Section N2 converges to Eastern Bangkok Outer Ring Road at Km 1+000 of Prasert Manukit
Road’s overpass of 4-traffic lane size (2 lanes for each direction), overlapping along the alignment of traffic
median of Prasert Manukit Road across the Bang Bua Canel, passing through the intersections of Wang Hin,
Senanikom and Sukontasawat, proceeding to Chalong Rat Expressway at the intersection of Prasert Manukit
and Pradit Manutham Roads, passing through the intersection of Nawamin road and Prasert Manukit road
until the end of the project converges to the Eastern Outer Ring Road at the length of 11.3 kilometers.
The line way of the Section N2 project is overlapping with the brown line of Metropolitan Rapid Train
on Kairai-Lum Salee (Bueng Kum) area.
The Section N1 substitution converging with Si Rat Expressway-Bangkok Outer Ring Road at
Bang Sue Central Station, is a 4-traffic lane overpass (2-traffic lane for each direction), heading northward
along Premprachakorn Canel and turning right along Ngam Wongwan Road at Kasetsart University intersection
and overfly Viphavadi Road in front of Kasetsart University, heading eastward along Ngam Wongwan Road
acrossing Phahol Yothin Road along the median of Prasert Manukit Road and converging to Expressway
Section N2 System at the length of 7.1 kilometers.
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2. Expressway Network Connecting Utrapimuk Elevated Tollway to Si Rat-Outer Bangkok Ring
Road Expressway Project (Missing Link)
The project aims to link East-West Corridor of the Expressway Networks with North-South Corridor
of Bangkok Metropolis areas, mitigate traffic volume on the expressway and the soil level roads including
supporting the development of the future Phahol Yothin Central Transport. The project will link with
the third stage Expressway System Project, Northern Line of Section N2 converging to the Eastern Bangkok
Outer Ring Road and Section N1 Substitution. Moreover, it will accommodate the traffic convenience of
the western area to Don Mueang Airport in the north with the Utrapimuk elevated way where the starting
point is from Ratchawipha interchange which is a split-level type of system interchange. The project’s
structure will be running under Utrapimuk elevated way along the line of Kamphaeng Phet 2 Road, passing
under high voltage electricity lines, lifting across Si Rat Expressway, High Speed Train project connecting
Don Mueang Airport and Suvarnabhumi Airport, red line metro project, high speed electric train project
and Premprachakorn canel whereas the ending spot converges with Si Rat Expressway-Outer Bangkok
Ring Road of 4-traffic lane (2-lane for each direction) and toll plaza being located in the middle of
the line at the approximate length of 2.6 kilometres.
3. Kathu-Patong Expressway Project, Phuket Province
The project aims to connect travelling road for tourists and local people from Kathu District to
Patong beach and to alleviate traffic problems and accidents on the National Highway No. 4029 as well
as being an evacuate route in case of natural disasters. The construction project of 3.98 kilimeters is
engaging with a tunnel in mid of the line, starting from Phrametta Road (Principle City Plan Road route A)
Patong Sub-district, Kathu District. The project is an elevated route of 4-traffic lane for each direction
(2 automobile lanes and 2 motorcycle lanes), it is elevated to cross Phisitkorani Road until reaching Khao
Nak Koet covering total length of 0.9 kilometers, then passing through the underpass with total length
of 1.85 kilometers penetrating into Khao Nak Koet, then the route is elevated again with 1.23 kilometers
in length prior to terminating at Kathu Sub-district, Kathu District, at the crossing of the National Highway
No. 4029.
4. Chalong Rat-Nakhon Nayok-Saraburi Expressway Project
The project aims to mitigate traffic problems of current road and highway networks, facilitate convenient
travel and good logistics between Bangkok and upper central region and northeastern region. In addition,
it also supports the development in Patum Thani, Nakhon Nayok and Saraburi provinces with the starting
point from Chalong Rat Expressway, Chatu Chot toll plaza at Eastern Bangkok Outer Ring Road (Kanjanaphisek
Road). The route is a soil level expressway of 6-traffic lane (3-traffic lane for each direction) towards the East
cutting through Hatairaj Road and Nimit Mai Road, turning up north-east cutting through Lam Luk Ka Road at
km 22+500 and running through Rural Road Nor Yor 3001, Rangsit-Nakhon Nayok at Km 59+800, then continuing
north cutting through Rural Road No. 33 (Suwannasorn Road) at km 116+000, stretching over and following
the National Highway No. 3222 connecting with National Highway No. 2 (Mitrapap Road) at km 10+700 at the
Kaeng Khoi District, Saraburi Province with the total length of 104.7 kilometers.
5. Expressway Link Connecting Burapha Withi Expressway to Chon Buri Bypass Project
The project aims to solve traffic congestion problems on surrounding network roads and develop
transportation infrastructure in order to support the Eastern Economy Corridor (EEC) Project in terms of
sustainable traffic solution.The starting point of the project is connecting to the terminating point of current
Burapha Withi Expressway. The project elevated over the traffic median along the Highway No. 34 (Theparat
Road), proceeding through Amata Nakorn Industrial Estate at Klong Tamrhu Sub-district, Tesco Lotus Plus Mall,
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turning left to join the median of Chon Buri Bypass Road (National Highway No. 361). The project’s ending Annual Report 2020 Expressway Authority of Thailand
point located at the road km 1+100 of the Chon Buri Bypass Road consisting of 2 on-off ramps which
located on the area of Ban Kao Road and Chon Buri Bypass Road at the length of 4.4 kilometers.
6. Express Link Connecting Bangkok Port and Bang Na-At Narong Expressway (S1) Project
The project aims to increase the efficient service of the Bangkok Port and solve traffic problems on
surrounding seaport’s roads in order to facilitate convenient and direct connection route to freight trucks
from Port Distribution Center which will enhance the performance of the Bangkok Port to support the
expansion of the economy and the demands of goods transport in the future. The project’s starting point
is connected with the area of Terminal and Distribution Center of the Bangkok Port with 4 lanes (2-traffic
lane for each direction) going along the median of road inside Bangkok Port and connect to Bang Na-
At Narong Expressway (S1) at the split level intersection which enables to connect to Eastern Burapha Withi
Expressway and Northern Chalong Rat Expressway at total length of 1.8 kilometers.
Electronic Toll Collection System : ETCS
Expressway Authority of Thailand (EXAT) has launched the electronic toll collection system whereas
Easy Pass can be used by the service users on a number of expressways. They include Chalerm Maha Nakorn
Expressway, Chalong Rat Expressway, Kanchanaphisek Expressway (Bang Phli-Suksawat), Si Rat Expressway,
Burapha Withi Expressway, Udon Ratthaya Expressway, and Si Rat Expressway-Outer Bangkok Ring Road.
Easy Pass is also accepted on the elevated road at the southern part of Suvarnabhumi Airport linking
Burapha Withi Expressway and the expressway link between Kanchanaphisek Expressway (Bang Phli-Suksawat)
and Burapha Withi Expressway. A joint electronic toll collection system service which links the M-Pass and
the Easy Pass enables Easy Pass users to use their cards in Motorway No. 9 (Bang Pa In-Bang Na) and Motorway
No. 7 (Bangkok-Chon Buri). Currently, there are 2 million Easy Pass users (as of September 30,2020).
At present, EXAT has launched the Easy Pass Enrollment Service to users as follows :
• Toll plaza building except Si Rat-Outer Bangkok Ring Road Expressway
• One Stop Service Center at EXAT’s head office, Chatuchak
• 3 Easy Pass Fast Service Centers consist of :
- Si Rat Expressway Control Center (CCB2) on Asoke-Din Daeng Road
- Rest area of PTT Petrol Station at Bangna (outbound)
- Chalong Rat Expressway Control Center (CCB3) on Rama IX Road
In addition, users of the service are also accommodated with online service via the TrueMoney
Wallet application which will help facilitate both the enrollment and device delivery. After register,
the device will be home delivered within 2-5 working days. From June 16, 2020 onward, EXAT has decreased
the minimum of first entrance fee from 500 baht to 300 baht only. For the Easy Pass Top-Up Service Points,
there are internal agencies and external agencies to facilitate the service users as follows :
1. Internal agencies (EXAT and Bangkok Expressway and Metro Public Company Limited)
• Toll plaza building except Si Rat-Outer Bangkok Ring Road Expressway
• One Stop Service Center at EXAT’s head office, Chatuchak
• 3 Easy Pass Fast Service Centers consist of :
- Si Rat Expressway Control Center (CCB2) on Asoke-Din Daeng Road
- Rest area of PTT Petrol Station at Bang Na (outbound)
- Chalong Rat Expressway Control Center (CCB3) on Rama IX Road
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Whereas the One-Stop Service Center and Easy Pass Fast Service Center (located at the rest area of
PTT Petrol Station at Bang Na outbound and Chalong Rat Expressway Control Center) have provided top-up
service via electronic payment (payment through QR code and credit/debit card through credit card machine).
2. External agencies (commercial banks and companies) for 16 channels as follows :
• Krung Thai Bank Public Co., Ltd. • Counter Service Co., Ltd. (7-Eleven)
• Siam Commercial Bank Public Co., Ltd. • Tesco Lotus Tesco Lotus Cashier Service Counter
• Kasikorn Bank Public Co., Ltd. • Big C Service Counter
• Bangkok Bank Public Co., Ltd. • True Money Co., Ltd.
• TMB Bank Public Co., Ltd. • 2c2P (Thailand) Co., Ltd.
• Bank of Ayudhya Public Co., Ltd. • AirPay (Thailand) Co., Ltd.
• United Overseas Bank (Thai) Public Co., Ltd. • CenPay payment service under the Central Group
• Government Savings Bank (Thailand) • mPAY and MyAIS applications, and Rabbit LINE Pay
(Advanced mPAY Co., Ltd.)
EXAT Right-of-Way Area Development
Total right-of-way management and development of EXAT’s area for fiscal year 2020 are of 557,973.61
square wah, detail as follows :
1. Arranging small parks and public gardens in total areas of 281,411.07 square wah
2. Building sports field in total areas of 32,735.88 square wah
3. Constructing shorter route/bicycle way in total area of 60,765.99 square wah
4. For other public benefits in total areas of 79,552.80 square wah
5. Area for rent in total areas of 103,507.87 square wah
Besides, EXAT has authorized government agencies such as Bangkok Metropolitan Administration
(BMA) and other government agencies to use right-of-way area for social and public benefit such as carrying
out public parks, small gardens, building sport fields, constructing shorter route/bicycle way and utilizing
the areas for other public benefits such as overpass pedestrian bridges, pumping station, waste water
treatment pond, water clarifier pond, improving/expending traffic surface, providing walkways, installing
lights for 346 locations with the total area of 343,861.87 square wah, detail as follows :
• BMA of 161 locations, total area of 217,383.77 square wah
• Other government agencies of 185 locations, total area of 126,478.10 square wah.
However, areas to be developed for social and public benefits are still available to accommodate
tree plantation, small parks and utilize the area for additional access road in expressway area at total of
110,603.87 square wah.
EXAT Call Center Service
EXAT Call Center 1543 provides EXAT’s information service 24-hour
concerning information of EXAT and traffic route, condition on expressways,
administrative assistances of emergency/accident or any requirement of
assistance through cooperation so as to be promptly accommodated
and to help expressway users and general public. In cooperation with the
Ministry of Transport and relevant agencies, it obtains complaints as well as
recommendations and follows up response to any complaints to be conclusive
as soon as possible. In the fiscal year of 2020, the average daily number of
the service users is 853.
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EXAT Website Service (www.exat.co.th) Annual Report 2020 Expressway Authority of Thailand
EXAT has managed to publicize information and overall achievement through www.exat.co.th.
The website system has been improved and developed to support various additional applications such as
operating systems on smartphone and other mobile communication devices. EXAT’s website is presented
in an up-to-date, easy-to-use and speedy style, making dissemination of information efficiently reach
expressway service users as well as general public. Smart Interactive Map Plus (SIMAP+) System has been
improved and developed to allow the interested expressway service users to use for studying the travelling
route on expressway prior to the journeys. Complaint System has been also available at the EXAT’s website
page to facilitate the expressway service users and general public for inquiry of information, complaints
and service suggestions. The satisfaction survey result of the service users toward EXAT’s services and
image for the fiscal year 2020 indicated that the satisfaction level to the overall service of www.exat.co.th
was 94.60% and in high satisfaction criteria.
In addition, EXAT has publicized and disseminated its information through Facebook
(www.facebook.com/Expressway.Thailand) with 19,433 like members and 19,919 followers; and Official
Twitter (www.twitter.com/ExatWebmaster) with 5,418 followers.
EXAT Intranet, EXAT Sound, EXAT Digital Signage and Monitor Systems for Information
Publicity, and Multi-Touch Systems (I-Touch)
EXAT publicizes information internally through EXAT intranet, EXAT Sound, EXAT digital signage and
multi-touch systems (I-Touch) in form of news information, press releases, slides, video, graphic displays,
texts and notifications useful for work performance. They also help improve learning and skill of personnel,
create positive work environment and serve as means of two-way communication which is beneficial
to personnel and organizational development as a whole.
EXAT Public Information Center
According to Articles 7, 9 and 11 of the Official Information Act B.E. 2540
(1997), EXAT Public Information Center was established to provide information
service to general public for their convenience and rapidity, and give lectures
on knowledge of the said Act. The center also serves as an observation site for
governmental and state enterprise sectors to ensure that all governmental public
information centers are established in line with the EXAT’s original center. It is
located in front of EXAT head office. The address is 2380 Phahol Yothin Road,
Senanikhom Sub-district, Chatuchak District, Bangkok 10900, Tel. 0 2940 1196,
0 2558 9800 Ext. 20614, Fax. 0 2940 1198. It is opened on office hours from
08.30-16.30 hrs. Regardless of the said office hours, the contact can be accessed
through EXAT Call Center 1543 throughout 24 hours (no exception of official
holiday) or at the website www.exat.co.th for further information.
One Stop Service Center
EXAT has launched One Stop Service Center at Chatuchak office building. The provided service
consists of Easy Pass top-up service, issuing tax invoice of purchase and procurement documents, collecting
rental payment of right-of-way area utilization, providing land acquisition checking service, and providing
general expressway information service.
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Public Relations Activity for Organizational Image
1. Public Service Unit Launched during the New Year Festival 2020
EXAT launched the Public Service Unit to facilitate expressway users
through the New Year Festival 2020 from December 26, 2019-January
3, 2020. Toll fee of Burapha Withi Expressway (Bang Na-Chon Buri) and
Kanchanaphisek (Bang Phli-Suksawat) were also exempted. Checkpoints
offered services such as initial engine inspection, tire inflating, distilled
water battery fill up, and battery check. Similarly, it allowed commuters to take a break while enjoy drinking
water, coffee, and refreshing towels, etc, at free of charge.
Social and Public Interest Activity
1. Sharing Smiles with Kids surrounding Expressway
On January 10, 2020, EXAT carried out “Sharing Smiles with
Kids surrounding Expressway” activity on the occasion of the National
Children’s Day 2020 to provide scholarships, and financial support for
the expense of fixing awning at the school’s balcony, renovating of
the computer study room and purchasing of new computers including
acitivities expense for Metta Wittaya School as well as the Orphanage
Foundation of Thailand.
2. “Expressway on Your Side to Fight the Cold” Project
On January 16, 2020, EXAT held the “Expressway on Your Side
to Fight the Cold” with a total donation of 5,000 blankets including
winter wearing received from charity to help cold weather victims
in Nakhon Phanom and Mae Hong Son with 4,000 blankets and
1,000 blankets respectively.
3. Expressway for Youths
The EXAT’s activity for annual educational scholarship of
“Expressway for Youths” was held during the Coronavirus-2019 (COVID-19)
epidemic period. In order to relieve parent’s load prior to school starting,
EXAT granted 60 educational scholarships to students with financial
problem and the communities nearby the Expressway composing Chalerm
Maha Nakhon Expressway, Si Rat Expressway, Chalong Rat Expressway,
Udon Ratthaya Expressway and Kanchanaphisek Expressway (Bang Phli-Suk Sawat). A scholarship worth 10,000
baht/each was offered to 44 communities and 16 schools. Their representative attended the event on June 8-26,
2020, at the Expressway Head Office to further deliver the scholarships to the students and the communities.
4. “Volunteer Spirit by Thai Expressway” Activity
EXAT organized the “Volunteer Spirit by Thai Expressway” activity
in fiscal year 2020 by taking executives, employees and workers of EXAT
as well as media of total 80 persons to study and join the Mushroom
Cultivation and Tie Dye Mask Making on September 10, 2020. EXAT also
offered a sum of 59,150 baht to support office kits expense for Royal
Initiative Farm Project under patronage of H.R.H. Queen Sirikit at Baan
Yang Klang, Sawaengha Sub-district, Ang Thong Province.
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EXAT’s Operation under the Official Information Annual Report 2020 Expressway Authority of Thailand
Act B.E. 2540 (1997)
Expressway Authority of Thailand (EXAT)’s operation adheres to the Official Information Act B.E. 2540
(1997) as described below.
1. Monitoring work performance pursuant to the Official Information Act B.E. 2540 (1997)
1.1 Issue an EXAT’s Order No. 67/2018 on departmentalization and determination of duty and
responsibility of each working part of EXAT dated April 9, 2018. The Corporate Governance Division (CGD)
under the Office of the Governor (OG) is assigned to operate EXAT Public Information Center. The Division
shall also provide information according to Article 7 and Article 9 of the Official Information Act B.E. 2540
(1997) for general public access and cooperation to ensure any performance in compliance with the Official
Information Act B.E. 2540 (1997).
1.2 Set as significant policy of the state agency by emphasizing that “Disclosure is the core,
concealing is an exception” since the Act came into forces. EXAT issued an announcement of its policy
on adherence to the Official Information Act B.E. 2540 (1997) dated April 24, 2012.
1.3 Establish EXAT Information Center (on December 3, 1998) under the Information Analysis
and Dissemination Section, Good Governance Division, Office of the Governor. EXAT Information Center
is located in front of EXAT head office (Chatuchak), 2380 Phahol Yothin Road, Senanikhom Sub-district,
Chatuchak District, Bangkok 10900, Tel. 0 2940 1196, 0 2558 9800 Ext. 20614; Fax. 0 2940 1198, with
the services provided on weekdays from 08.30-16.30 hrs. After office hours, contact EXAT Call Center 1543
throughout 24 hours (7 days a week). For more information, contact via EXAT website at www.exat.co.th.
1.4 Appoint Deputy Governor for Law and Land Acquisition to supervise any performance in
compliance with the Official Information Act B.E. 2540 (1997) and appoint “EXAT Information Committee”
composing of Deputy Governor for Law and Land Acquisition as Chairperson, Department/Office Directors
as committee member and Director of Corporate Governance Division as committee member and secretary.
The committee is in charge of determining the policy and measures and giving suggestions on the adherence
to the Official Information Act B.E. 2540 (1997) as well as the Rule on Official Secrets Protection B.E. 2544
(2001) and Amendment.
1.5 Arrange the internal audit on public information services complying with the principles of
information disclosure and transparency which is considered as one of the corporate governance (CG)
approaches. Suggestions were given for better improvement of work.
1.6 Issue the Announcement on fee collection, request for a copy or certified true copy of EXAT
information dated June 15, 2012, which was promulgated in the Royal Government Gazette, Vol. 130,
Special Part 190 Ngor dated December 26, 2013.
1.7 Provide the EXAT’s Regulation on EXAT Information B.E. 2560 (2017) dated May 8, 2017, which
was promulgated in the Royal Government Gazette, Vol. 134, Special Part 173 Ngor dated June 29, 2017.
1.8 Issue an EXAT’s Order No. 384/2014 on delegation of duty and responsibility adhering to
the Rule on Official Secrets Protection B.E. 2544 (2001) dated December 23, 2014.
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1.9 Issue an EXAT’s Order No. 105/2018 on appointment of Secret Information Registrar and
Registrar Assistant dated June 8, 2018.
1.10 Issue an EXAT’s Order No. 106/2018 on appointment of Secret Information Audit Committee
dated June 8, 2018.
2. Recognition/Award
2.1 Selected as a role model on public information services and adherence to the Official
Information Act B.E. 2540 (1997) in Ministerial Level, on July 1, 1999.
2.2 Awarded certificate for the establishment of the Public Information Center for general public
service as a role model on its performance following the Official Information Act B.E. 2540 (1997) on
January 14, 2008
2.3 Obtained the plaque from Prime Minister (Mr. Abhisit Vejjajiva) on February 4, 2011 as
an outstanding agency in establishing a Public Information Center in the fiscal year 2010.
2.4 Obtained State Enterprise Excellence Award on the “2012 Operational Plan of EXAT Information
Center following the Official Information Act B.E. 2540 (1997)” in the contest of Corporate Governance
Promotion Plan for State Enterprise in Year 2012 organized by the Office of the National Anti-Corruption
Commission (NACC). The shield of honor and the cash prize of 150,000 baht were awarded by NACC
Chairman on November 16, 2012.
2.5 Obtained shield of honor award as a role model on the establishment of Public Information
Center in Ministerial Level in Year 2012 awarded by Minister of Prime Minister’s Office (Mr. Varathep
Ratanakorn) as chairperson of the Official Information Board who was assigned by Prime Minister
(Ms. Yingluck Shinawatra) on August 9, 2013.
3. Promotion and development of knowledge and understanding on principles, essence,
benefits and guidelines on the exercising of rights under the Official Information
Act B.E. 2540 (1997)
3.1 Attended seminar program on topic “Promotion and Development of knowledge and
understanding on Official Information Act B.E. 2540 (1997) for Fiscal Year 2020” on January 16, 2020
at Royal Princess Hotel, Larn Luang , Bangkok, hosted by Ministry of Transport.
3.2 Attended seminar program on topic “Knowledge of the Rule on Official Secrets Protection”
on August 25, 2020 at the auditorium 3rd floor of Clubhouse and Auditorium Building, Ministry of Tranport.
3.3 External agencies paid educational visits at the EXAT’s Information Center. During 2019-2020,
the agencies are as follows :
• December 17, 2019 : Government Housing Bank
• February 5, 2020 : Mass Rapid Transit Authority of Thailand
• May 15, 2020 : Department of Rural Roads
3.4 Organized on-the-job-training (OJT) course inside EXAT on “Knowledge of the Rule on Official
Secrets Protection B.E. 2544 (2001)” and the additional revision of “Electronic Confidential Information
Index System” to the confidential information registrar, registrar assistant and assigned personnel total of
130 on December 13, 2019.
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3.5 Organized training course related to Official Information Act B.E. 2540 (1997) in the e-Learning Annual Report 2020 Expressway Authority of Thailand
orientation program for new employees for fiscal year 2020 through the e-Learning center system
of the EXAT’s Intranet.
3.6 Dispatched EXAT’s officers from its Information Center to join testing program of Knowledge and
Understanding of Official Information Act B.E. 2540 (1997) of the government agency for year 2020 (Office
of the Official Information Board) on January 14, 2020 which Mrs. Apinya Sunthorntarawong, Director of
the Corporation Governance Division of the Office of the Governor and Ms. Thanyachatra Klinkajornchinsiri,
general administrative officer level 5 of the Analysis and Broadcasting Division, of the Office of the Governor,
passed the test criteria accordingly.
4. Information services as requested by general public and responses to consultation
In fiscal year 2020, there were requests from 52 people for information review at EXAT Public
Information Center (for information as of September 30, 2020) which was the information according to
Article 7, 9 and 11 of the Official Information Act B.E. 2540 (1997). EXAT improved the information retrieval
system and document files, arranged handbooks and pamphlets introducing EXAT Public Information Center
as well as public relations bulletin board, and provided the place for information services. Additionally,
service user opinion was gauged through customer satisfaction survey questionnaires for further consideration
on information disclosure.
93
Report of the Board of Directors’ Responsibility
for the Financial Report
The EXAT’s Board of Directors have attached great importance to, and has been responsible for,
financial reports. It has provided oversight to ensure that the EXAT’s financial statements are prepared
in accordance with the Thai Financial Reporting Standards, appropriate accounting policies are used
and adhered to on a regular basis, material data are adequately and appropriately disclosed, and the
financial statements are audited and certified by the Office of the Auditor General of Thailand (OAG).
There are conditional opinions specifically on the non-recognition of income accounting issue related
in the signing contracts of the Expressway stage II (Si-Rat Expressway include section D) and the revised
version of the Bang Pa-in-Pak Kret Expressway (Udon-Ratthaya Expressway), as well as, the disclosure
of the litigation and dispute information existing in the financial statement notes whereas the Expressway
Authority of Thailand has clarified in detail that the case has been recorded and certified in accordance to
the relevant accounting standard and the disclosure of the litigation and dispute information have been
completely and correctly declared.
The EXAT has appointed the Audit Committee, which was composed of independent directors, to
ensure the audit and verification of financial reports, the risk management system, the internal control
system, and internal audit are efficient and comply with relevant rules, regulations, and requirements.
The EXAT’s Board of Directors has been of the opinion that the EXAT’s financial reports for the year
ending on 30 September 2020 are reliable based on the Thai Financial Reporting Standards and correct
in substantive matters based on generally accepted accounting principles.
(Mr. Soraphong Paitoonphong)
Chairman of the EXAT’s Board of Directors
94
Auditor’s Report Annual Report 2020 Expressway Authority of Thailand
95
Auditor Report
To the EXAT’s Board of Directors
Qualified opinions
The Office of the Auditor General of Thailand (OAG) audited the EXAT’s financial statements, which
comprise the Financial Position Statement as of 30 September 2020, the Comprehensive Income Statement,
the Equity Change Statement, and the Cash Flow Statement for the year ending on the same day, including
the notes to the financial statements and to significant accounting policies.
The OAG was opined that, except for the effects and exceptions of inadequate disclosures of the
said matters in the Section : Criteria for Expressing Qualified Opinions, the above financial statements
revealed the EXAT’s financial position as of 30 September 2020, as well as its operating results and cash
flow statement for the year ending on the same day correctly as they should in the substantive matters
based on the Thai Financial Reporting Standards.
Criteria for expressing qualified opinions.
Non-recognition of accounting transactions from signing the Second Stage Expressway Agreement
(Si Rat Expressway and the ‘D’ Section) and the Bang Pa-in-Pak Kret Expressway Agreement (Udon Ratthaya
Expressway) (Revisions)
As discussed in the notes to the financial statements, Section 4.23.5 : The Second Stage Expressway
Agreement (Si Rat Expressway and ‘D’ Section) and the Bang Pa-in-Pak Kret Expressway Agreement (Udon
Ratthaya Expressway) (Revisions), which aimed to resolve disputes between the EXAT and its contractual
parties, the OAG considered relevant formation and then outlined key issues of signing the revised
agreements, as follows :
1) There are many lawsuits where the EXAT’s contractual parties had taken actions to end legal
execution, and individual lawsuits were different in terms of contents, including those with the court’s
final judgment that the EXAT shall pay for indemnification, those under consideration both in the court
and arbitral tribunal, and other disputes as a result of granting concessions of the same nature.
2) The revised agreements were intended to settle the lawsuits and disputes which would impose
obligations of the EXAT in the case where it lost, and these revised agreements would result in the EXAT
having the obligation to extend the period of sharing its revenue with its contractual parties.
3) The original agreements required that the contractual parties construct the expressways and
transfer the expressway ownership to the EXAT immediately upon their completion, with its contractual
parties entitled to manage the expressways, provide expressway service, and earn a share of the revenue
The Office of the Auditor General of Thailand (OAG)
96
based on what was agreed-upon in the agreements. The revised agreements indicate that its contractual Annual Report 2020 Expressway Authority of Thailand
parties shall have the right to manage the expressways, provide expressway service, and earn a revenue
share equal to what was agreed-upon in the original agreements without constructing any additional assets
or making an additional investment.
An examination of the evidential documents used for considering the extension of the period of
the original agreements and facts in the revised agreements suggested that the EXAT hadn’t not pay off
the disputes-related debt in cash, but it would extend the period of the original agreements to entitle its
contractual parties to manage, and provide the service of, the expressways under the terms and conditions
included in revised agreements and would spend the share of potential toll revenue in the future on
compensating for the sources of obligation in the disputes. The EXAT analyzed the guidelines for negotiation
to determine an appropriate extension of years for the agreements by calculating the sources of obligation
for the lawsuits and disputes in the case where the lawsuits and disputes were settled by not requiring its
contractual parties to invest in the construction of the double deck values at 78,461 million baht.
The OAT considered that the origin of the revision of the agreements was the acknowledgment of
the debt and payment for the debt by extending the period for its contractual parties to earn a revenue
share. In the past, the EXAT assessed that it would win the lawsuits and would not have to pay any
damages or compensation; however, the revised agreements involved the EXAT in the obligation to
share its revenue with its contractual parties without receiving any other additional benefits. This had an
impact on its accounting transactions and financial statements. Nonetheless, the EXAT ’s management
considered that the disputes were settled, so there was no need to recognize any transactions, which
aimed to reflect the acknowledgement of the disputes-related debt and debt payment by extending the
period for its contractual parties to receive a revenue share. The OAG considered that the methods used
for recording accounting transactions and preparing the financial statements of the EXAT did not reflect the
true economic content of the lawsuit and dispute settlement through extending the agreement period. The
OAG regarded that if the EXAT had considered the actual economic content of the lawsuit and disputes
settlement on the day when the revised agreements were signed, the EXAT should have recorded the
recognition of the liabilities as a result of the lawsuits and disputes on which the EXAT made negotiation
to settle them and should have recorded additional expenses on the lawsuits and disputes to those
recognized when the Supreme Administrative Court ruled that the EXAT shall pay a compensation for
a reduction in revenue as a result of the construction of competitive expressways and shall record the
recognition of the transaction on granting the right to its contractual parties to receive a share of the toll
revenue based on the revised agreements to pay off the debt as a deferred revenue while recognizing it
as a revenue over the agreement period.
As described in the note to the financial statements, Section 4.17 : Deferred Revenue, the EXAT
recorded the account of the deferred revenue from its joint ventures only the parts where it had recognized
based on the Supreme Administrative Court’s ruling that the EXAT shall pay a compensation for a reduction
in revenue as a result of the construction of competitive expressways and interest incurred which were
valued at 4,468.89 million baht and recognize this as a revenue over the period of the revised agreements.
As for transactions on the liabilities and expenses on the debt for the lawsuits and disputes on which the
EXAT negotiated for settlement under the terms and conditions included in the revised agreements, they
were not recognized by the EXAT.
The Office of the Auditor General of Thailand (OAG)
97
If the EXAT updates the financial statements for the year ending on 30 September 2020 to ensure that
they are correct as they should be under the Thai Financial Reporting Standards based on the assumption
that the source of the obligation valued at 78,461 million baht is the total amount of debt that the EXAT
has considered for making negotiation on dispute settlement and for determining the appropriate number
of years for the extension of the agreement period. This will have material effects, as follows :
1) The Financial Position Statement as of 30 September 2020 must show an additional deferred
revenue (as a result of granting the right to its contractual parties to earn a share of the toll revenue under
these revised agreements for lawsuit and dispute settlement) of approximately 73,992.11 million baht,
which will reduce the equity by the same amount.
2) The Comprehensive Income Statement for the year ending on 30 September 2020 must show
the expenses on debt for the lawsuits and disputes on which the EXAT has negotiated for settlement
under the terms and conditions included in the revised agreements, amounting to approximately 73,992.11
million baht. This will change the operating result from the net profit of 6,420.96 million baht to the net
loss of approximately 67,571.15 million baht.
Inadequate disclosure on the extension of the agreement period (Revisions)
The notes to the financial statements for the year ending on 30 September 2020, Section 4.23.5, Subject :
The Second Stage Expressway Agreement (Si Rat Expressway and the ‘D’ Section) and the Bang Pa-in-Pak
Kret Expressway Agreement (Udon Ratthaya Expressway), (Revisions) disclosed 10 disputes with the total
capital of 55,874.08 million baht, which were cancelled and revoked but didn’t disclose the entire number
of the lawsuits and disputes and the total amount of money cancelled and revoked. Originally, they were
disclosed in the notes to the 3-month Interim Financial Data ending on 31 December 2019, Section 4.21.1 :
Eleven Disputes between Joint Ventures with the capital of 128,099.55 million baht. In addition, they did not
disclose information about the amount of the sources of obligation for the lawsuits and disputes which were
taken into account so that they were settled by extending the agreement period until 31 October 2035. Thus,
the data and facts provided in the said notes were insufficient for the financial statement users to understand
the substantive matters of the extension of the concession period in the revised agreements.
The Office of the Auditor General of Thailand (OAG) conducted the audit in accordance with the
state audit standards and accounting audit standards. Our responsibilities are described in the Section :
The Auditor’s Responsibilities for the Audit of Financial Statements in out report. We are independent of
the Company’s business in accordance with the standard criteria for the state audit specified by the State
Audit Commission and the Codes of Ethics for Professional Accountants by the Federation of Accounting
Professions under the Royal Patronage of his Majesty the King in relation of the audit of financial statements.
We have fulfilled other ethical responsibilities in accordance with the standard criteria for the state audit
and the codes of ethics. We believe that the audit evidence we have obtained is sufficient and appropriate
to serve as the criteria for expressing qualified opinions.
Other information
The EXAT’s management are responsible for the other information, which consists of information
to be included in the Annual Report, but this excludes the financial statements and the Auditor Report to
be included in the Annual Report. The management will have to prepare the Annual Report for the OAG
after the date specified in the Auditor’s Report.
The Office of the Auditor General of Thailand (OAG)
98
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