In an effort to speed up economic growth, the government of Thailand intends to drastically expand investment in infrastructure projects, such as railways, highways and other core infrastructure in the coming years.
The PISU Act designated the State Enterprise Policy Office (SEPO) under the Ministry of Finance as the central PPP coordinating body, which also provides the secretariat for a high-level PPP Policy Committee.
The Private Investment in State Undertaking Act B.E. 2556 (2013) (PPP Act) has been effective since April 2013 when it replaced the Private Participation in State Undertaking Act B.E. 2535 (1992). The PPP Act aims to streamline the project approval process through the PPP Policy Committee.
In 2016, the SEPO issued a notice setting out different procedural rules for the selection and implementation of PPP projects.
Thailand has completed a number of PPPs since the 1990s in the power, road, mass transit and port sectors, and has remained committed to this method of infrastructure development despite changes in political leadership.
Thailand’s PPP strategic plan 2015-2019 encompasses a total number of 66 projects valued at US$40.5 billion. Transport projects constitute the majority of this investment with 29 projects totaling US$39 billion. As of 2016, the government recently approved several metro, high speed rail and road projects for immediate implementation.
The Global Competitiveness Index (GCI) is published in the Global Competitiveness Report and assesses the competitiveness landscape of 140 economies. The GCI Infrastructure Score is a component of the overall index and covers transport, electricity and telephony infrastructure.
Urban rail concessions in Bangkok, Kuala Lumpur and Manila
This study focuses the role of private concessions in developing urban mass rapid transit systems in East Asian cities. It is primarily founded on the experiences of Kuala Lumpur, Bangkok and Manila and the comparator cities of London , Singapore and Hong Kong.
How small power producers and mini-grids can deliver electrification and renewable energy in Africa
Most Sub-Saharan African countries try to promote rural electrification through both centralized and decentralized approaches. Focusing on the decentralized approach, this guide: provides practical guidance on how small power producers and mini-grid operators can deliver both electrification and renewable energy in rural areas; examines ground-level regulatory and policy questions that must be answered to achieve commercially sustainable investments; discusses design and implementation of feed-in tariffs for small power producers in developing country contexts with a view towards their expanded use in sub-Saharan Africa and addresses two often ignored questions: what to do "when the big grid connects to the little grid" and how to...
Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the public sector but seeking private sector involvement to augment capacity through new greenfield investments. The financial crisis that emerged in East Asia in mid-1997 threatened to undermine much of the progress the region had made in applying this second model to mobilize private investment and financing for infrastructure. This report describes the background of the 1997 financial crisis in East Asia and its impact on private investment in the...