SRT depot plan rekindled despite delays

The State Railway of Thailand (SRT) board has approved the results of a new study conducted on planned further investment in the SRT’s Inland Container Depot in Bangkok's Lat Krabang district, which has been delayed for several years.

- SUPOJ WANCHAROEN

It is therefore expected that the contract for this investment project will be signed later this year, SRT governor Veeris Ammarapala said yesterday.

The board approved the study results last Thursday, which pointed to a public-private partnership (PPP) under a net cost structure — where the private operator collects all revenue and shares a portion with the state — as the most suitable business model for this project, he said.