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MEGA PROJECTS

Details on Vayupak II ready in 1-2 months

Deputy Prime Minister and Finance Minister Surapong Suebwonglee expects to finalise details of the establishment of the Vayupak II Fund within 1-2 months.



The fund will be set up to raise funds for mega-project investments. It is set to borrow domestic money through bond issuance.

 Surapong said that the fund size is not finalised yet, but the fund would be used to assist the operations of the 5 mega-project committees.

 "The ministry is studying a variety of fund-raising means, to finance the mega-project investment. We have not yet finalised which would be exploited but will opt for the most appropriate for maximum benefits," he said.

 Surapong is scheduled to meet the representatives of Japan Bank for International Cooperation today, for the briefing on JBIC's move to lend to the Purple urban train route.

 On roadshows, Surapong said the ministry are interested in meeting foreign investors in Singapore, the UK and Japan. Meanwhile, a group of major investors from the US are coming to Thailand in April for the briefing on Thailand's economic policies.

- The Nation



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