The top 5 state enterprises with the highest budget disbursement in 2025 were revealed, with the State Railway of Thailand (SRT) ranked first. The leading project for highest disbursement is the Purple Line electric train from Tao Poon to Rat Burana. SEPO data indicates an investment disbursement of 256.34 billion baht, promoting each state enterprise’s investment to proceed according to plan.
Mr. Thibodi Watthanakul, Director of the State Enterprise Policy Office (SEPO), disclosed that by the end of fiscal year 2025, state enterprises exceeded the budget disbursement target set by the Cabinet (95%). This reflects their commitment to driving investment to stimulate the national economy. The investment budget disbursement of 43 state enterprises closely monitored by SEPO (34 on fiscal year basis and 9 on calendar year basis) totaled 256.34 billion baht, or 96% of the total allocated investment budget of 267.099 billion baht. Specifically, fiscal year enterprises (October 2024–September 2025) disbursed 133.787 billion baht, 95% of their budget, while calendar year enterprises (January–December 2025) disbursed 122.553 billion baht, 97% of their budget.
The top three fiscal year state enterprises that disbursed not less than 95% of their planned budget with the highest values are the State Railway of Thailand (SRT), the Mass Rapid Transit Authority of Thailand (MRTA), and the Metropolitan Waterworks Authority (MWA). For calendar year state enterprises meeting the same criteria, the top three are the Provincial Electricity Authority (PEA), the Electricity Generating Authority of Thailand (EGAT), and the Metropolitan Electricity Authority (MEA).
Mr. Thibodi Watthanakul, SEPO Director, concluded that in fiscal year 2026, SEPO will continue to closely monitor state enterprises’ investment budget disbursement and oversee their adherence to accelerated disbursement measures to ensure each state enterprise’s investment aligns with planned schedules and targets, similar to the previous year.