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State firms in Thailand to invest heavily.
Byline: Wichit Chantanusornsiri
Aug. 3--State enterprises plan to invest 1.5 trillion baht over the next five years in new infrastructure and development projects, according to Areepong Bhoocha-oom, the deputy director-general of the State Enterprise Policy Committee.
He said the new investment would come mostly in the transport and energy sectors.
About one-third of the planned investments would be funded by internal profits estimated at 500 billion baht for state enterprises over the next five years.
The remaining shortfall of one trillion baht would be sourced through a variety of methods, including asset securitisation in which ...
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Source: HighBeam Research, State firms in Thailand to invest heavily.