BANGKOK, 3 March 2015 – The government’s State Enterprises Policy Commission, also known as “Super Board”, resolved on Monday to establish a holding company to oversee state enterprises that were listed on the stock exchange.
State Enterprise Policy Office (SEPO) Director Kulit Sombatsiri said after Monday’s meeting of the commission, chaired by Prime Minister Prayut Chan-o-cha, that the meeting resolved to split oversight of state enterprises between two agencies, namely the to-be-established national state enterprise holding firm and the existing SEPO. The holding firm will act as the owner of listed state enterprises, whereas the SEPO will oversee the remaining state enterprises. A bill to that effect is expected to be submitted to the National Legislative Assembly by June.
The Super Board also endorsed the restructuring of state enterprises in the energy and transport sectors, to foster greater competition by allowing private businesses to be able to compete on equal grounds with state enterprises. The Department of Land Transport has been tasked with establishing details that will be required for the transfer of bus service provision to the private sector.
