The Thai government’s multi-trillion Baht infrastructure spending plans have recently received a boost with parliament approving a new PPP law. The new legislation should, in theory, speed up and facilitate private investment spending into the country, particularly in infrastructure.
This policy brief examines the new legislation as well as highlighting some of the major projects slated by the Thai government under their 5.5 trillion Baht spending agenda.
We also provide CLC Asia’s take on some of the issues – and risks – both the Thai government and international investors might confront as the new law and legislation are bedded down. The entire policy brief is available for free download.
Thailand’s new Public Private Partnership framework
Key features of the PPP Act
Breakdown of the government’s planned spending
– Thailand’s new infrastructure czar – SEPO
– Growing pains at SEPO inevitable
– Expect the timetable for infrastructure projects to lag…badly
*High Speed Trains to go nowhere fast
*Little in the way of major water infrastructure
– Infrastructure plans most likely to be implemented