The Ministry of Transport plans to launch the first phase of its common ticketing system by the end of this year, alongside a long-term strategy to buy back electric railway concessions from private operators using funds raised through the Thailand Future Fund (TFF).
Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn recently provided an update on the initiative, noting that both the Common Ticket Act and the Rail Transport Act have successfully cleared Senate review. The Transport Ministry is now working with the Ministry of Finance to structure a financing model that avoids adding to the country's public debt burden.
