BANGKOK, 10 February 2015 – The Public Debt Management Office (PDMO), the State Enterprise Policy Office (SEPO) and Macquarie Group jointly hosted a seminar on Monday to exchange in-depth information on Thailand’s infrastructure investment projects.
At the seminar, Finance Minister Sommai Phasee revealed that the government’s committee on Public-Private Partnership (PPP), chaired by Deputy Prime Minister M.R. Pridiyathorn Devakula, would meet on Wednesday to conclude the criteria for PPP projects.
According to Mr. Sommai, the criteria will allow projects of under one billion baht to be approved by the minister of each relevant ministry. Infrastructure and public service projects valued between one and five billion baht will require the full approval of the PPP committee. It may be decided that other PPP projects valued at less than five billion baht can be approved by each ministry. He said, however, that all projects worth in excess of five billion baht would have to be considered by the PPP committee.
