Sepo urges SRT land development
The State Enterprise Policy Office says land development of 39,000 rai held by the debt-ridden State Railway of Thailand could offer a quick solution. Director-general Ekniti Nitithanprapas said SRT, one of the biggest landlords in the country, has holdings that are ideal for commercial development. Some 23,000 of the 39,000 rai consists of unused land, and there are five big plots among them with a combined space of 1,500-1,700 rai in Bangkok that have great potential, Mr Ekniti said. He specified two plots at Bang Sue subway station, land near a subway station in Yannawa district near the Chao Phraya River, the Makkasan station in downtown Bangkok and vacant land near Chatuchak market. The rest of the lands also have potential to develop commercial projects, but they are not located in prime areas like those five major plots. Some of them have squatters and have become slums, said Mr Ekniti.
