Cabinet approves changes to PPP act 

Economy December 14, 2018 01:00

By The Nation

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The Cabinet yesterday approved the revised public-private partnership act (PPP Act), under which  the private sector can increase their investments in  public projects.



The new act  allows state agencies to propose projects to the Cabinet and open the way for joint investments with private investors in infrastructure projects and  commercial development nearby, said Nuttaporn Jatusripitak, adviser in the prime minister office,  after the cabinet meeting yesterday.

Any project worth more than  Bt5 billion would need to be approved by the  PPP board, he added.