Thailand to give infrastructure fund a boost
Investors - AUGUST 30, 2019

Thailand to give infrastructure fund a boost

by Kali Persall

Thailand is looking to expand its infrastructure investment fund, the Thailand Future Fund, in an effort to boost development within the country, strengthen its competitiveness and keep up with digital advancements.

Thailand’s Minister of Finance Uttama Savanayana announced the initiative at the Bangkok Post Forum 2019 on August 5.

The fund has so far invested in the 18.7-kilometer (11.6-mile) Chalong Rat and a 55-kilometer (34-mile) Burapha Withi expressways, but is looking to put more projects in the pipeline. Savanayana’s ministry has been speaking with relevant agencies in an effort to do so.

According to a Vietnamese news source, the Thailand Future Fund is Thailand's largest initial public offering with 44.7 billion baht ($153 million) raised during its debut in October 2018.

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