"PPP"

GPC International Terminal Ltd. (GPC) has signed a public-private partnership (PPP) contract with the Port Authority of Thailand (PAT) to develop and operate the Laem Chabang Port Phase 3, Terminal F project in Chonburi province.

The State Railway of Thailand (SRT) on Friday finalised its scope of operations for the Dark Red Line extension, paving the way for bids to operate stations and other infrastructure under public-private partnerships from next year.

The State Enterprise Policy Office (SEPO) has approved government investment this year in four public-private partnership (PPP) infrastructure projects worth a total Bt162.95 billion. The four are among 10 projects worth Bt200 billion that SEPO’s Public-Private Partnership Committee is screening for government investment in 2021.

The Public-Private Partnership Committee has called on state agencies to speed up the development of 18 top-priority mega-projects worth Bt472 billion as part of the government’s efforts to drive the economy this year.

The Finance Ministry will accelerate investment in public-private infrastructure projects worth Bt247 billion this year and next year, said minister Arkhom Termpittayapaisith on Monday.

Railway unions have opposed a public-private partnership (PPP) plan to construct Red Line links from Bang Sue to Rangsit and Bang Sue to Taling Chan. The decision to open up Red Line construction and operation to private investors was approved last week by the State Railway of Thailand.

In a meeting with the public-private partnership (PPP) committee on Friday (June 26), Deputy Prime Minister Somkid Jatusripitak called on state enterprises to take action after PPP projects worth a combined Bt1.09 trillion have stalled due to the Covid-19 outbreak.

In the first few chaotic weeks of the Paycheck Protection Program, federal officials and banks throughout the country struggled to get bailout funds to small businesses as layoffs and furloughs climbed into the tens of millions.

The Transport Ministry will submit 41 Public-Private Partnership (PPP) projects for consideration by the Council of Economic Ministers on Friday.

Public-Private Partnership (PPP) projects will be speeded up with quicker disbursement of budget funding, State Enterprise Policy Office (Sepo) director-general Prapas Kong-Ied said.

The Digital Economy Promotion Agency (depa) on Monday (January 20) said it had signed a Memorandum of Understanding with Mastercard, under which 27 Thai ‘candidate’ smart cities will be inducted into the City Possible global network, the largest cohort to join the expanding community of member cities.

Deputy Prime Minister and Public Health Minister Anuthin Charnvirakul said the Transport Ministry has proposed a revision of the Bt122-billion Orange mass transit line project - running from Thailand Cultural Centre to Bang Khun Non in Thonburi, west of Bangkok.