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    THE ASEAN DAILY
    Home » New SRT governor unveils vision to make Thailand ASEAN’s rail hub
    BANGKOK NEWS 3 Mins Read

    New SRT governor unveils vision to make Thailand ASEAN’s rail hub

    September 20, 2024By The ASEAN Daily
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    20-9-2024 (BANGKOK) Veeris Ammarapala, the newly appointed 49-year-old governor of the State Railway of Thailand (SRT), has unveiled an ambitious vision to elevate the kingdom’s railway system to unprecedented heights. Taking the helm as the 20th governor of Thailand’s largest state-owned transportation enterprise, Ammarapala has set his sights on transforming the nation into the railway service hub of ASEAN within his four-year tenure.

    In his inaugural address, Ammarapala emphasised his readiness to tackle the formidable challenges facing the SRT. He acknowledged the critical role the organisation plays in Thailand’s transportation infrastructure and outlined a comprehensive strategy to propel the railway sector forward.

    Central to Ammarapala’s vision is the continuation and initiation of key projects aligned with the Ministry of Transport’s policies. These include the ambitious nationwide double-track railway construction and the high-profile Thai-Chinese high-speed railway project, which aims to connect Bangkok with Nong Khai in the Northeast, fostering regional connectivity.

    “Our primary focus will be on expanding rail services and boosting capacity to rapidly establish Thailand as the nucleus of rail transportation in ASEAN,” Ammarapala stated, underlining his commitment to regional leadership in the sector.

    The new governor also addressed the SRT’s staggering 230-billion-baht debt, pledging to expedite its settlement. He proposed innovative solutions, including opening doors for private sector investment in SRT projects and forging partnerships with state enterprises for track leasing, potentially reducing domestic goods transportation costs.

    Ammarapala’s strategy extends beyond operational improvements to asset utilisation. He announced plans to investigate revenue-generating land development opportunities along railway routes, stating, “We will enhance the SRT’s revenue streams, reduce its debt burden, and elevate both service efficiency and customer satisfaction.”

    Recognising the complexity of the SRT’s financial situation, Ammarapala revealed his intention to engage with the Ministry of Finance. He aims to address the portion of debt stemming from the SRT’s social obligation to provide free rail services to underprivileged groups. Discussions will include annual government subsidies, debt consolidation, and restructuring, potentially leading to an immediate reduction in the SRT’s overall debt.

    When questioned about his appointment, Ammarapala dismissed suggestions of political connections, instead highlighting his extensive experience in organisations crucial to national development. He emphasised his vision of modernising railway services to appeal to a broader demographic, particularly younger generations.

    “Our goal is to position rail transit as the primary mode of transportation in Thailand, attracting widespread usage, especially among youth,” Ammarapala explained. He also underscored the environmental benefits of increased rail usage, noting its potential to significantly reduce carbon emissions compared to private vehicles.

    The ASEAN Daily

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