State Railway Board Approves 579 Billion Baht Investment Budget for 2027, Launching 3 Mega Projects

Anant Pho-nimdaeng, Deputy Governor of the State Railway of Thailand (SRT) acting as Governor, revealed that the SRT Board meeting approved the state enterprise investment budget framework for fiscal year 2027. The budget includes total operational funds of 579,134.770 million baht and an expenditure allocation of 61,959.751 million baht. The railway will submit reports to the Ministry of Transport for consideration before forwarding to the National Economic and Social Development Council and the Cabinet. The budget focuses on three key projects: 1) Double-track railway construction phase 2, 2) Red Line commuter rail extension (Rangsit-Thammasat University and Taling Chan-Salaya), including Missing Link, and 3) Thai-Chinese high-speed railway phase 2. The investment plan aims to maintain continuity in nationwide rail network development and will be reviewed by the new government administration.