The State Railway of Thailand is at risk of going under unless it implements major reforms, Transport Minister Chadchat Sittipunt said yesterday.
"If nothing is done, the SRT will face its demise. The organisation's losses exceed 10 billion baht a year. That's 20,000 baht a minute," the minister told the Thai Railway Reform workshop.
Mr Chadchat later said that the government plans to invest 2.2 trillion baht to improve the country's overall infrastructure.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.