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The Gold Line is a planned monorail line, part of Bangkok's rapid transit system. Not part of the current MRT Master Plan, the line was proposed in July 2015, it was approved by the cabinet in 2016, The first phase is expected to open in 2018, with a further phase opening in 2023. It will connect Krung Thonburi BTS station with Prajadhipok Road in Thon Buri District, a total of 2.68 km. Development of the line is the responsibility of the Bangkok Metropolitan Administration, with a budget of 3.8 billion Thai baht, though it is expected that mall developer Siam Piwat will fund the development cost as it will connect to the company's new ICONSIAM complex. In future the line could be extended to Asiatique The Riverfront, a large waterfront retail and entertainment complex. The environment impact assessment was expected to be completed in December 2016. 30 December 2015