FRIDAY, March 29, 2024
nationthailand

State enterprises’ investment jumps 20% in second quarter

State enterprises’ investment jumps 20% in second quarter

INVESTMENTS by state enterprises jumped 20.5 per cent year on year in the second quarter, contributing to economic growth of 3.7 per cent for the quarter, according to the State Enterprise Policy Office (Sepo).

Ekniti Nitithanprapas, Sepo director-general, said that the previous quarter's growth for state-enterprise investment was 17 per cent.
For the first seven months of this year, the accumulated state-enterprise disbursement of the budget for investment climbed 30 per cent, given investment acceleration in the state enterprises' continuing and new projects, he said.
These projects extended from the Mass Rapid Transit Authority of Thailand's MRT Green Line project, the National Housing Authority’s residential development projects to the Metropolitan Electricity Authority’s distribution system projects.

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