Green light for Bt100bn Thailand Future Fund
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THE CABINET Tuesday approved the launch of the country’s first infrastructure fund, dubbed the Thailand Future Fund, with Bt100 billion in initial capital to help ease the government’s financial burden from the expected investment on infrastructure next y
“If we rely solely on the government budget to fund the infrastructure needs, then you can believe that only a few projects can be done.
“The government wants these infrastructure projects to happen, as they will greatly improve the country’s competitiveness,” Finance Minister Apisak Tantivorawong said.
The Bt2.72-trillion fiscal 2016 budget is projected to run a Bt390-billion deficit, as government revenue is projected at Bt2.33 trillion. The investment budget was set at Bt543.63 billion.
