Cabinet approves massive state enterprise investment budget worth 1.56 trillion baht
The Cabinet on Tuesday approved a 1.56-trillion-baht investment framework for 51 state enterprises for fiscal 2026, expected to boost GDP growth by 0.3% with a disbursement target of at least 95%.
Government spokesman Siripong Angkasakulkiat said on Tuesday that the Cabinet had approved an investment framework for 51 state enterprises for fiscal year 2026, as proposed by the National Economic and Social Development Council (NESDC).
The total investment budget amounts to over 1.56 trillion baht, which is expected to boost Thailand’s GDP growth by around 0.3% next year.
The government has set a target for state enterprises to disburse at least 95% of their approved investment allocations. The Cabinet also acknowledged the estimated operating budget of state enterprises for 2026, which projects a combined net profit of around 86.49 billion baht.
Looking ahead, the investment framework for 2027–2029 (excluding listed firms and subsidiaries) is projected at 1.06 trillion baht, averaging about 353.7 billion baht annually. Over the same period, state enterprises are expected to generate total net profits of about 270.86 billion baht, or roughly 90.28 billion baht per year.
Key investment projects for 2026 include:
- The Electricity Generating Authority of Thailand (EGAT)’s project to upgrade transmission systems in the North, Northeast, Central Region, and Bangkok to enhance national grid stability, with a disbursement of 4.48 billion baht.
- The Thai-Chinese high-speed railway project (Bangkok–Nakhon Ratchasima section, Phase 1) under the State Railway of Thailand (SRT), with a disbursement of 11.89 billion baht.
- The MRT Purple Line (Tao Poon–Rat Burana section) under the Mass Rapid Transit Authority of Thailand (MRTA), with a disbursement of 11.32 billion baht.
- The Rama III–Dao Khanong–Western Outer Ring Road Expressway project by the Expressway Authority of Thailand (EXAT), with a disbursement of 3.89 billion baht.
