State Enterprise Policy Office

What State Enterprise Policy Office does

The State Enterprise Policy Office (SEPO, สำนักงานคณะกรรมการนโยบายรัฐวิสาหกิจ) is a Thai government agency under the Ministry of Finance (กระทรวงการคลัง) that formulates policy, provides governance oversight, evaluates performance, and coordinates public-private partnerships for Thai state enterprises. Operating as the secretariat to the State Enterprise Policy Committee, SEPO supervises a portfolio of state-owned entities across energy, transportation, communications, public utilities, agriculture, financial services, rubber, commerce, fisheries, and dairy sectors. It is funded through annual government budget allocations and does not sell products or services.

SEPO's operational stack consists of a suite of web-based administrative and governance platforms rather than commercial technology products. Core systems include the SE-AM Center (State Enterprise Assessment Model, launched 2023) for performance evaluation across fiscal, calendar, and special year cycles; GFMIS-SOE (Government Financial Management Information System for State Enterprises) for financial data reporting; the PPP Portal for public-private partnership project information and approvals; the Director Pool System for screening and nominating board directors; the E-Complaint System for corruption and misconduct reporting; and a Smart Office suite (time tracking, Saraban electronic document management, webmail, VDI remote access). It also publishes an open Data Catalog at catalog.sepo.go.th.

The agency's business model is regulatory rather than commercial. Services are delivered directly to state enterprises and government agencies at no charge through official channels and digital platforms, with no pricing transactions or external revenue streams. In fiscal year 2568, SEPO oversaw collection of 177,379 million baht in state enterprise revenue remittances (100.5% of the annual target); Q3 fiscal year 2569 remittances exceeded projection by 29,485 million baht (121% of target). These figures represent the financial performance of supervised state enterprises, not SEPO's own operating budget. Headquarters are located in the 150th Anniversary Ministry of Finance Building in Bangkok.

Name

State Enterprise Policy Office

Legal name

สำนักงานคณะกรรมการนโยบายรัฐวิสาหกิจ (สคร.)

Website

https://sepo.go.th

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The State Enterprise Policy Office (SEPO) is a Thai government agency under the Ministry of Finance that formulates policy, provides governance oversight, and evaluates performance of Thai state enterprises across multiple sectors.

Ownership category

akta.pro rank

Product category

Government Policy & Regulatory Oversight

NAICS

Public Finance Activities (921130), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

akta.pro primary industry

Government Accounting & Financial Reporting (BPAIAEAD)

akta.pro secondary industries

Public Sector & Government ERP (HDAEAEAG), Competition Policy, State Aid & Public Procurement Regulatory Cooperation (BPADANAO)

Keywords

• State enterprise oversight
• Public enterprise governance
• Policy evaluation systems
• Financial performance monitoring
• Public-private partnerships

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Government Budget Allocation: SEPO operates as a government agency under the Ministry of Finance, funded through annual government budget allocations to fulfill its mandate of overseeing and regulating state enterprises.

Distribution channels1 record

Marketing channels5 records

Core offering

SEPO is a Thai government agency under the Ministry of Finance that formulates policy, supervises governance, and evaluates the performance of Thailand's state-owned enterprises. It delivers centralized oversight through statutory mandates and operates a suite of digital systems for performance evaluation, financial reporting, PPP coordination, and director screening. Services are provided to state enterprises and government agencies at no charge.

Product overview

State Enterprise Policy Office (SEPO) is a Thai government agency (not a commercial technology company) that oversees state enterprises through a portfolio of web-based administrative and governance systems. The primary offerings include the SE-AM Center for performance evaluation, GFMIS-SOE for financial data, PPP Portal for public-private partnerships, Director Pool for board nominations, and Smart Office internal tools. These systems operate as separate web applications coordinated under SEPO's supervisory mandate over Thailand's state enterprise sector.

Differentiator

Problem solved

Functional benefit

Products and services

• SE-AM Center (State Enterprise Assessment Model) Web-based performance evaluation system for Thai state enterprises that enables data submission, assessment scoring, and feedback management across fiscal, calendar, and special year cycles. It is used by state enterprises to undergo SEPO's mandated performance assessment.
• GFMIS-SOE (Government Financial Management Information System for State Enterprises)

Quantifiable outcome

• Collected 177,379 million baht in state enterprise revenue remittances (100.5% of fiscal year 2568 target)
• +1 more outcomes

Named customers11 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• สำนักงานคณะกรรมการการแข่งขันทางการค้า (Trade Competition Commission of Thailand)moderateStrategic or Co-development Partner · 7 July 2025Collaboration on promoting competitive neutrality principles in Thailand's state enterprises. Discussed topics include defining roles between regulators and operators, determining commercial activities of state enterprises, special privileges/benefits for state enterprises, subsidies/compensation, and public service obligation frameworks.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Temasek Holdings: Singapore state-owned investment company that owns and manages government-linked companies. Broader incumbent in SOE governance space; differs from SEPO in being a commercial investment vehicle rather than a regulatory/policy body.

Direct peers

• Fiscal Policy Office (Thailand): Thai government office under the Ministry of Finance responsible for fiscal policy formulation and economic analysis. Direct peer as a sibling Ministry of Finance policy office handling public finance oversight.
• Securities and Exchange Commission Thailand: Thai capital markets regulator. Peer as a regulatory body operating in adjacent financial governance space; relevant given SEPO's "บริหารหลักทรัพย์" (securities administration) function for state enterprise assets.
• National Anti-Corruption Commission of Thailand: Thai independent agency for anti-corruption oversight. Direct peer in Thai regulatory ecosystem; SEPO's e-Complain corruption reporting system overlaps with NACC's complaint intake mandate for state enterprise misconduct.
• Comptroller General's Department (Thailand): Thai government department under the Ministry of Finance responsible for government accounting, financial reporting, and treasury operations. Adjacent peer given SEPO's GFMIS-SOE financial monitoring mandate and shared Ministry of Finance parent.
• State-Owned Assets Supervision and Administration Commission (SASAC, China): Chinese government commission supervising state-owned enterprises, including performance evaluation, governance reform, and strategic asset management. Direct functional peer in SOE oversight mandate, though at vastly greater scale.
• Trade Competition Commission of Thailand: Independent Thai regulator enforcing competition law. Direct peer as a regulatory partner with which SEPO has a documented strategic collaboration on competitive neutrality principles for state enterprises.
• Ministry of State-Owned Enterprises (Indonesia): Indonesian ministry responsible for SOE policy, governance, and performance oversight across a large diversified portfolio. Direct functional analog to SEPO in mandate, though operating at ministry rather than office scale.
• Khazanah Nasional Berhad: Malaysian sovereign wealth fund that holds and manages government-linked companies on behalf of the government. Comparable to SEPO in its strategic oversight of state-owned commercial entities, though it operates as a holding company rather than a policy office.

Regional players

• Government Procurement Organization (Thailand): Thai state enterprise under SEPO oversight in the procurement sector. Useful peer as an example of the type of state enterprise SEPO supervises, illustrating the governance scope SEPO covers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sepo_mof
• Facebookfacebook.com/sepo.mof
• LinkedInlinkedin.com/company/state-enterprise-policy-office-sepo-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about State Enterprise Policy Office