Trillion-baht public-private investment projects planned
published : 15 Apr 2020 at 19:34
Thailand plans public-private partnership (PPP) projects worth 1.09 trillion baht during 2020-2027, the finance ministry said on Wednesday, as the government tries to revive the struggling economy amid the coronavirus pandemic.
The 92-project plan includes 18 high-priority infrastructure projects worth 472 billion baht, Prapas Kong-Ied, head of the State Enterprise Policy Office, said in a statement.
The government has promoted investment to spur long-term economic growth as the economy is heavily reliant on global demand, and exports have been weak.
The outbreak is crippling economic activity, especially the tourist sector, with a night curfew, malls and bars closed and passenger flights banned to try to limit the spread.
The country has reported 2,643 cases of infection and 43 deaths.