BANGKOK — Former Prime Minister Thaksin Shinawatra observed “only fresh paint” on Thailand’s railway system during his first train journey in nearly 20 years. Despite his pessimistic view of railway development prospects, he expressed support for the government’s initiative to utilize State Railway land for low-income housing projects.
Thaksin joined current Prime Minister Paetongtarn Shinawatra and former Prime Minister Srettha Thavisin on the Royal Blossom special train for a Pheu Thai Party seminar on December 13. Srettha asked Thaksin, who boarded separately at Bang Bamru station, if he had to wait long for the train. Thaksin’s reply – “Quite a while” – highlighted one of Thai railways’ key shortcomings: poor punctuality.
Reflecting on his experience, Thaksin shared memories of frequently using trains as a military cadet when air travel was prohibitively expensive – train sleeper cars cost 150 baht compared to 900 baht flights.
The former leader highlighted challenges facing Thai railway development, noting low ridership of approximately 80,000 passengers daily creates a “chicken and egg” problem – limited passengers discourage development, while lack of development deters riders. “Rail systems are ideal, but they need to be affordable, punctual, frequent, and safe,” Thaksin remarked.
Meanwhile, the government is moving forward with urban rail development. The cabinet recently approved a draft Joint Ticket Act, expected to be implemented by June 2025, which will subsidize operators to enable flat-rate 20-baht fares across all lines by September 2025.
Transport Minister Suriya Jungrungreangkit announced the affordable housing initiative will utilize State Railway land at 25 high-potential locations totaling 700.14 rai (112 acres). The project will be developed in three phases from 2024 to 2033. Model homes will be unveiled on January 20, 2025, at the central station, with initial projects launching in Bang Na, Thonburi, Chiang Rak, and Chiang Mai, offering approximately 1,000 units.
The housing units will be available through 30-year mortgages with 4,000 baht monthly payments and 99-year residential rights. Buyers must occupy the properties for at least 5 years before transfer rights are granted.
This initiative aims to complement the 20-baht flat-rate train fare policy, allowing commuters to redirect transportation savings toward home ownership.
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