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- Lenaerts: Dear, I went to immigration yesterday to apply for a retirement visa, very friendly people and they helped quickly
- Aad: I buy my coffee at Lotus. Add a teaspoon of that coffee to warm water and enjoy
- Berbod: Beautiful story Lieven and recognizable in many ways. In recent years I have been drinking coffee from the Boloven plateau in the South
- Jos Verbrugge: Dear KeesP, Would it be possible to provide the details of the visa office in Chiang Mai? Thanks in advance
- Rudolf: The distance from Khon Kaen to Udon Thani is 113 km. You don't need an HSL or airplane for that. You can do that with one
- Chris: It is a matter of long-term thinking: - petrol prices will undoubtedly continue to rise in the next 20 to
- Atlas van Puffelen: The isan is like a beautiful young woman, Clouseau, There she goes, sang a similar insight. Fantastic to walk next to it, m
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- Eric Kuypers: Immigration and customs have to go in somewhere and get out again later, so I expect Nongkhai and Thanaleng at the stopping points. There is
- Freddy: Then unfortunately the salespeople who make a train journey so much fun will be over..
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- RichardJ: Sorry, Erik. You cannot dismiss a critical attitude towards these types of mega projects with a catch-all such as “setting up...
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- Rob V: Will Lieven, as a coffee snob and with a nod to his surname, be tempted by a cup of coffee with beans that have been roasted first?
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Home » Thailand in general » Thai Railways SRT will try to reduce debt
Thai Railways SRT will try to reduce debt
The state-owned railway company in Thailand (SRT) has sky-high debts and obsolete equipment. The debt of the SRT is estimated at 100 billion baht. To do something about this, three subsidiaries will be set up to work on debt restructuring.
For example, a subsidiary will be created that will manage and develop the 40.000 rai of land owned by the SRT. The company will start work in March. The other two will not be available until 2024. They will deal with train routes and maintenance.
The land company will ask for more rent for leased land and wants to develop the land together with companies.
Increasing existing rents will not be easy because of long-term contracts. More is expected from commercial developments at prime locations, such as at Bang Sue and Mae Nam stations.
Source: Bangkok Post
The grounds on which the Chattuchak weekend market takes place are owned by the SRT. Rumors have been circulating for a long time that the SRT wants to sell these lands to project developers.
I don't think it's surprising that they have a huge debt as long as Thai can travel for free on the ordenary train.