Tuesday, 29 January 2013

Thailand Government’s Huge Investment Plan on Infrastructure Development

The Thailand Government is planning to invest two trillion baht in infrastructure development, as part of its national strategy to move the country forward.

Prime Minister Yingluck Shinawatra and Transport Minister Chadchart Sittipunt provided explanations concerning the infrastructure investment plan.

The Prime Minister said that the amount of two trillion baht would come from both domestic and foreign funding sources. The private sector would also be urged to co-invest in various infrastructure projects under the plan. The Government would issue a royal decree to seek loans for the plan, to be approved by the House of Representatives and the Senate.

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