Cabinet to review merger and dissolution options for 8 state firms on Sept 22
Thailand’s state enterprise review includes merger and closure options, with MCOT’s plan to be explained after Cabinet approval.
- Thailand's Cabinet is set to review reform proposals for eight state-owned enterprises on September 22.
- The proposals, submitted by the Finance Ministry, include options for merging or dissolving the firms.
- The goal of the review is to improve efficiency, reduce duplication, and adapt the enterprises to changing economic conditions.
- The eight firms under review include MCOT Public Company Limited, the Public Warehouse Organization, and the Liquor Distillery Organization.
Thailand’s Finance Ministry plans to submit reform proposals for eight state enterprises to the Cabinet on September 22, 2026, with mergers and closures among the options under review. Dr Tibordee Wattanakul, director-general of the State Enterprise Policy Office (SEPO), said the proposals followed a review of the enterprises’ roles, aimed at improving operations and adapting to changing economic conditions.
The State Enterprise Policy Committee had previously approved a study examining dissolution and merger options for the eight enterprises. The review aims to improve value for money and efficiency, reduce duplication and ensure that operations match each organisation’s remit.
Eight state enterprises included in role review
The Finance Ministry’s proposals cover the following eight state enterprises, Tibordee said:
- Marketing Organization for Farmers
- Public Warehouse Organization
- Market Organization
- Police Printing Bureau, Royal Thai Police
- Playing Card Factory
- Liquor Distillery Organization
- The Bangkok Dock Company (1957) Limited
- MCOT Public Company Limited
MCOT plan to be clarified after Cabinet approval
Dr Tibordee said proposals to address MCOT’s problems would form part of the submission, with details of the company’s management plan to be explained after Cabinet approval.
“Please wait for clarity after Cabinet approval. There will definitely be an explanation,” Tibordee said of the plan to address MCOT’s problems.
