List of state enterprises of Thailand

As of October 2017, the Government of Thailand holds majority ownership in 56 commercial entities that are categorized as state-owned enterprises (SOEs).: 53  These include:

  • Forty-six non-financial SOEs concentrated in key economic sectors such as communications, power generation and distribution, transportation, and water management. Several are among the largest listed companies in Thailand.
  • Ten financial SOEs, including a state-owned bank, a government pawnshop, and eight specialized financial institutions (SFIs) that carry out high-profile policy functions.
  • Since the military coup of 2014, there has been a sharp increase in active duty military officers sitting on the boards of state-owned enterprises. Of the 56 state-owned enterprises, 42 have military directors as of 2018.
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