Railway Train Start At Bangkok Go To Phra Nakhon Si Ayutthaya At Thailand Stock Photo

The State Railway of Thailand (Thai: การรถไฟแห่งประเทศไทย) is the state-owned rail operator in Thailand. The network sees around 50 million passengers per annum. The SRT has long been popularly perceived by the public as inefficient and resistant to change. Trains are usually late, and most of its equipment is old and poorly maintained. The worst financially performing state enterprise, the SRT consistently operates at a loss despite being endowed with large amounts of property and receiving large government budgets; it reported a preliminary loss of 7.58 billion baht in 2010. Recurring government attempts at restructuring and/or privatization throughout the 2000s have always been strongly opposed by the union and have not made any progress.