SEPO confirms Future Fund’s start this year

Economy July 08, 2017 01:00

By The Nation

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The State Enterprise Policy Office (SEPO) has confirmed it will set up the Thailand Future Fund this year and will meet with the Expressway Authority of Thailand’s board on July 12 to discuss a revenue transfer agreement.

 “The Thailand Future Fund will be set up this year but consideration will need to be given over the right time to raise capital from the Stock Exchange of Thailand,” SEPO deputy director Chanvit Nakburee said yesterday.

He said SEPO has set a target for the Future Fund to raise Bt45 billion from the capital market. The funds will go towards the Expressway Authority of Thailand’s investment plan.