• 2026.07.22 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Thailand Pushes for Rail Innovation to Boost Competitiveness

Pedro Espinola Special Correspondent / Updated : 2025-03-17 13:26:55
  • -
  • +
  • Print

BANGKOK – In a strategic move to enhance its rail industry and reduce dependence on foreign technology, the State Railway of Thailand (SRT) and the Rail Technology Research and Development Agency (RTRDA) have announced a collaborative partnership. The two organizations have signed a memorandum of understanding (MoU) to jointly develop rail transport innovations.

Transport Permanent Secretary Chayatan Phromson emphasized the significance of this collaboration, stating that it will focus on improving the skills of the rail industry's workforce and fostering the development of indigenous rail technology. "This partnership aims to significantly lower logistics costs and strengthen Thailand's competitive edge in both rail freight transport and the broader industrial sector," he said.

The announcement comes as Thailand invests heavily in its rail infrastructure, with hundreds of billions of Thai baht allocated to the development of a new double-track train network. Phromson revealed that over 300 kilometers of new railways are expected to be completed by the end of this year.

Looking ahead, the RTRDA plans to forge agreements with the Ministry of Industry and private sector companies to accelerate the development of locally produced rail innovations.

SRT Governor Weeris Amrapal highlighted the ongoing efforts to create prototypes of Thai-manufactured locomotives, train carriages, and other essential train parts. "Our goal is to support the continuous advancement of Thailand's rail transport system," he stated.

In addition to developing new technologies, the SRT is also undertaking a major rehabilitation project, which includes upgrading 500 non-air-conditioned trains. The initial phase of this project, with a budget of 295.6 million THB (approximately US$8.42 million), will focus on improving the comfort and efficiency of the first 40 trains. Upgrades will include new seat cushions, air conditioning systems, renovated restrooms, and a modernized power supply to ensure long-term cost savings.

This multi-faceted approach to rail development underscores Thailand's commitment to building a robust and self-reliant rail industry, positioning the nation as a key player in regional transportation and logistics.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Pedro Espinola Special Correspondent
Pedro Espinola Special Correspondent

Popular articles

  • Canada’s Multi-Billion Dollar Submarine Race: Economic Benefits Take Center Stage as Decision Looms

  • Paulo Bento Expresses Interest in Returning as South Korea National Team Manager 

  • Azerbaijan and Uzbekistan Accelerate Joint Development of Gold and Critical Minerals

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065587045309579 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall
  • AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes
  • The Gopher Miracle: How a 24-Hour Experiment Transformed a Volcanic Wasteland into a Lush Forest
  • Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization
  • South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
  • TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion

Most Viewed

1
Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns
2
[Special Feature] Laying the Foundation for Korea's Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 1
3
Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP
4
Hanwha Aerospace Forges Alliance with 49 Partners to Boost South Korea's Aviation Engine Ecosystem
5
Samsung Electronics Surpasses NVIDIA to Become Global Leader in Quarterly Operating Profit
광고문의
임시1
임시3
임시2

Hot Issue

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers