SPV mulled for high-speed rail | Bangkok Post: business

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SPV mulled for high-speed rail

Japan's JR Group held out as example

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A special-purpose vehicle (SPV) is needed for oversight and management of the high-speed rail project to maximise use and profits, says the Strategic Committee for Reconstruction and Future Development (SCRF). 

Tourists chat in front of a billboard display of high-speed trains at Hua Lamphong railway station in Bangkok last March. APICHART JINAKUL

Chairman Virabongsa Ramangkura said the SPV should mirror how the Japan Railways (JR) Group manages that country's network of high-speed lines.

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