By Wichit Chantanusornsiri
Bangkok, Thailand, September 20, 2015
The government hopes to ease its public debt burden by luring the private sector to invest more in multibillion-baht infrastructure projects, especially in telecommunications and transport, through public-private partnerships (PPPs).
The Transport Ministry and the State Enterprise Policy Office have been instructed to discuss raising the limit for PPPs in infrastructure development, said Theeraj Athanavanich, deputy director-general of the Public Debt Management Office (PDMO).
Private-sector investment in infrastructure projects through PPPs is limited to 500 billion baht a sector, meaning the government budget is the main source of funding for capital-intensive projects in the telecommunications and transport sectors.
More at Bangkok Post