snoop1130 Posted April 15, 2020 Share Posted April 15, 2020 Thailand plans $33 billion public-private investment projects FILE PHOTO: A view of an empty square ouside CentralWorld shopping mall, which usually is crowded with tourists during a Songkran festival, after the government banned this festival amid fears of the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, April 13, 2020. REUTERS/Soe Zeya Tun BANGKOK (Reuters) - Thailand plans public-private partnership (PPP) projects worth 1.09 trillion baht ($33.39 billion) during 2020-2027, the finance ministry said on Wednesday, as the government tries to revive the struggling economy amid the coronavirus pandemic. The 92-project plan includes 18 high-priority infrastructure projects worth 472 billion baht, Prapas Kong-Ied, head of the State Enterprise Policy Office, said in a statement. The government has promoted investment to spur long-term economic growth as Southeast Asia’s second-largest economy is heavily reliant on global demand, and exports have been weak. The outbreak is hitting activity and the tourist sector, particularly hard, as Thailand has imposed a night curfew, having closed malls and bars and banned passenger flights to try to limit the spread. The country has reported 2,643 cases of infection and 43 deaths. -- © Copyright Reuters 2020-04-15 Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post poohy Posted April 15, 2020 Popular Post Share Posted April 15, 2020 But it appears they cannot pay the 5k a month "help money" causes they have got no cash i senses big problems 7 Link to comment Share on other sites More sharing options...
Popular Post AussieBob18 Posted April 15, 2020 Popular Post Share Posted April 15, 2020 Now? Projects for the wealthy when people are starving - unbelievable. 5 1 Link to comment Share on other sites More sharing options...
Popular Post Yadon Toploy Posted April 15, 2020 Popular Post Share Posted April 15, 2020 Scandalous to announce this while people are suffering. 5 1 Link to comment Share on other sites More sharing options...
DaRoadrunner Posted April 15, 2020 Share Posted April 15, 2020 Where does the money for all these projects come from? No prizes for guessing whose fat back pocket a slice of it will end up in. What happens when the music stops and the money runs out? 1 Link to comment Share on other sites More sharing options...
Tarteso Posted April 15, 2020 Share Posted April 15, 2020 And the “money goes to”.. 1 Link to comment Share on other sites More sharing options...
kevin612 Posted April 15, 2020 Share Posted April 15, 2020 Thai government has the funds for the rich but not for the poors. People are selling gold to survive, how ridiculous. 2 Link to comment Share on other sites More sharing options...
FritsSikkink Posted April 15, 2020 Share Posted April 15, 2020 (edited) 1 hour ago, poohy said: deleted Edited April 15, 2020 by FritsSikkink Link to comment Share on other sites More sharing options...
FritsSikkink Posted April 15, 2020 Share Posted April 15, 2020 30 minutes ago, Yadon Toploy said: Scandalous to announce this while people are suffering. This will give people jobs. Link to comment Share on other sites More sharing options...
Justgrazing Posted April 15, 2020 Share Posted April 15, 2020 56 minutes ago, snoop1130 said: BANGKOK (Reuters) - Thailand plans public-private partnership (PPP) projects worth 1.09 trillion baht ($33.39 billion) during 2020-2027, the finance ministry said on Wednesday, as the government tries to revive the struggling economy amid the coronavirus pandemic No mention of what these projects are just a grandiose figure launched in a cloud of waffle .. Cut aside that we all know where the private partnership will come from strengthening their long term anchored presence in Thailand .. Link to comment Share on other sites More sharing options...
Popular Post Hank Gunn Posted April 15, 2020 Popular Post Share Posted April 15, 2020 21 minutes ago, Tarteso said: And the “money goes to”.. Let's see. How about: Charoen Pokphand (CP) Group ThaiBev King Power Group Boonrawd Brewery Central Group for starters. A good article to put this into perspective. https://asiatimes.com/2019/12/thailands-five-families-prop-and-imperil-prayut/ 4 Link to comment Share on other sites More sharing options...
CGW Posted April 15, 2020 Share Posted April 15, 2020 They may as well have another go at fixing the drainage system in Pattaya, that will get rid of a few billion? It still won't function though, ...................... 1 Link to comment Share on other sites More sharing options...
Yadon Toploy Posted April 15, 2020 Share Posted April 15, 2020 14 minutes ago, FritsSikkink said: Not true Prayut says government has only enough money to pay one month of aid to those affected by coronavirus; Phuket governor reshuffled. https://www.thaienquirer.com/11566/prayut-says-government-has-only-enough-money-to-pay-one-month-of-aid-to-those-affected-by-coronavirus-phuket-governor-reshuffled/ 1 1 Link to comment Share on other sites More sharing options...
2 is 1 Posted April 15, 2020 Share Posted April 15, 2020 And they going to loose more from tourist what they think! Link to comment Share on other sites More sharing options...
Yadon Toploy Posted April 15, 2020 Share Posted April 15, 2020 15 minutes ago, FritsSikkink said: This will give people jobs. It doesn't alleviate their suffering at the moment though. At this time is insensitive at best, arrogant and immoral at worse. 1 Link to comment Share on other sites More sharing options...
WcCaptain Posted April 16, 2020 Share Posted April 16, 2020 14 hours ago, FritsSikkink said: This will give people jobs. People job??!! At the end of this there looking at 10million people unemployed. What number of people and when do you think this project will inject this money? Really??!! Link to comment Share on other sites More sharing options...
Burma Bill Posted April 16, 2020 Share Posted April 16, 2020 I wonder if a "certain" construction company linked to a "certain" public health minister will get big contracts??? Link to comment Share on other sites More sharing options...
DrTuner Posted April 16, 2020 Share Posted April 16, 2020 Can't get more blatant. Let 'em eat cake. We know how that ended. Link to comment Share on other sites More sharing options...
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