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Higher PPP investment limit urged

The Thai 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).

By Wichit Chantanusornsiri

Bangkok, Thailand, September 20, 2015

Bangkok Post

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.

 

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