Egat to launch infrastructure fund | Bangkok Post: business

Business > Finance

Egat to launch infrastructure fund

Latest entity to pursue money-raising vehicle

- +

After years of failing to privatise itself, the Electricity Generating Authority of Thailand (Egat) has come up with a new plan to mobilise cash by launching an infrastructure fund. 

An injection of funds will help cut the country’s public debt, says Mr Soonchai. APICHART JINAKUL

New governor Soonchai Kumnoonsate said the second unit of the North Bangkok Power Plant (NBK), now under construction, will be the first asset to be sold to the public through the infrastructure fund.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments