The cabinet on Wednesday approved a restructuring plan proposed by the State Railway of Thailand, deputy permanent secretary for transport Thawalrat Onsira said.
Mr Thawalrat, ex-officio chairman of the SRT board, said the SRT will set up two companies - one to be responsible for train operations and the other for assets management.
The two companies would be established within a month following the cabinet's approval. The SRT board would meet to discuss this tomorrow.
Mr Thawalrat said the cabinet also approved the SRT's request to postpone the trial run of the rail link between downtown Bangkok and Suvarnabhumi airport from Aug 12 to Dec 5.
The airport link was now expected to begin full operation in March 2010, he said.
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