BANGKOK, 2 December 2014 – Investments made in 2015 by both the state and private sectors will center on transportation infrastructures that include dual-track railways, electric trains and motorways, according to Finance Minister Sommai Phasee.
Mr. Sommai was speaking about next year’s investment prospects at Asia Wealth Forum 2015 Investment Outlook, which was held on Monday. According to him, investment by the state and private sectors will center on the dual-track railways project, the various electric train lines in Greater Bangkok and the Pattaya-Maptaphut and Bang Yai-Kanchanaburi motorways in 2015.
Minister Sommai also expects the investment value in the Thai stock market to increase next year because of better expansion of the economy, a recovery in exports – driven by a recovery in the United States’ economy – and the expected scale-up of quantitative easing measures in Europe and Japan. Funds injected into state-sector investment projects are also expected to spur private sector investments and contribute to a rise in listed companies’ profits.
