Jul
04
Thailand Plans to Raise $2.9 Billion From Infrastructure Funds
By-
The military government is aiming to start two portfolios
- One is due for launch in September and the other in 2019
Thailand intends to set up a second infrastructure fund worth as much as 50 billion baht ($1.5 billion) in early 2019, following the launch of the long-delayed Thailand Future Fund this September to finance road building.
The fund due this year, expected to have assets of about 45 billion baht, is likely to attract strong demand from the public given it offers potential annual returns of about 5 percent, Prapas Kong-led, director general of the State Enterprise Policy Office, said in an interview…
Thailand Plans to Raise $2.9 Billion From Infrastructure Funds
