Hopes over megaproject dampened | Bangkok Post: business

Business > News

Hopes over megaproject dampened

  • Published: | Viewed: 4,491 | Comments: 11
  • Newspaper section: Business
  • Writer: Wichit Chantanusornsiri and Chatrudee Theparat
- +

Investment in the 2-trillion-baht infrastructure projects is unlikely to start in the present fiscal year ending Sept 30, says caretaker Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong. 

Even if the Feb 2 election is held as scheduled and a new government can be formed, the time-consuming process of approving and setting aside a budget will delay the investment, he said.

Moreover, the borrowing bill is pending in the Constitution Court after the Democrat Party asked for a ruling on its constitutionality.

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

11 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