Cabinet gives nod to intercity train projects

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Bangkok – The Thai Cabinet on Tuesday endorsed several proposals including the State Railway of Thailand’s intercity and commuter train projects.

Cabinet ministers approved two red line intercity train projects – the Taling Chan – Salaya route and the construction of 3 additional stations under the SRT’s five-year 10.2 billion baht plan.

The cabinet also endorsed the 8.84 kilometer Rangsit – Thammasart University rail project which will require a fund of 6.5 billion baht and the expropriation of 2.24 hectares of private land.

In addition, the meeting approved the 1.36 billion baht credit guarantee scheme for SME operators, improving 4,000 small and medium businesses’ access to loans. Applications for loans under the program can be submitted until February next year.