The PTT group plans to invest 1 trillion baht under its five-year investment plan through 2017, says chief executive Pailin Chuchottaworn.
Over half of the planned capital expenditure will cover upstream to downstream energy businesses overseas. The amount does not include potential investments in terms of mergers and acquisitions, he said.
"Most of the overseas investments will be allocated to Southeast Asia to prepare for the establishment of the Asean Economic Community [AEC] in 2016," Mr Pailin said on the sidelines of an AEC forum yesterday.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.