Article: SRT considers partial privatisation.(News)

STATE Railway of Thailand (SRT) says it plans to hive-off three parts of its business to create wholly-owned subsidiaries as a precursor to their privatisation.

SRT announced that it would establish subsidiaries for property, commuter rail (including Bangkok's new Suvarnabhumi Airport Express), and Bangkok--Laem Chabang freight operations as part of its latest rehabilitation plan, which was due to be presented to the government as IRJ went to press.

SRT's chief financial officer, Mr Arak Ratboriharn, said the subsidiaries would operate in ...

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