Showing 1 - 4 of 4
Breaking the gridlock in project financing
Business, Wirot Poonsuwan, Published on 09/01/2018
» An assignment of all construction and supply contracts is invariably an essential element of the security package required by syndicates of Thai banks for financing large construction projects. These include metropolitan mass-rapid rail transit, toll roads, provincial power plants, industrial facilities in the Eastern Economic Corridor, offshore oil and gas platforms, mixed-use commercial and residential complexes in the capital's central business district, and others.
The new Public Procurement Act: private-sector bribe payers beware
Business, Wirot Poonsuwan, Published on 11/10/2017
» The much-awaited Public Procurement Act 2017 finally became effective on Aug 23, 180 days after it was published in the Royal Gazette. It completely repeals and replaces the long-standing Procurement Regulation of the Office of the Prime Minister 1978.
PPP law: project risks the private sector is anxious about
Business, Wirot Poonsuwan, Published on 05/07/2017
» The high-speed train from Nakhon Ratchasima to Bangkok, mired in delays for three successive governments, looks set to materialise after the current administration invoked the fast-track power of Section 44 of the interim charter to bypass all laws and obstacles to hire an all-Chinese consortium to build the line, contingent on US$5 billion (175 billion baht) in public debt to be raised soon.
PPP Law: Where have all the projects gone?
Business, Wirot Poonsuwan, Published on 14/06/2017
» Japan has called for an extension of the planned U-tapao-Suvarnabhumi-Don Mueang high-speed rail link to Ayutthaya, where a large concentration of Japanese factories is located. The province is also home to a sizeable Japanese expat community, a modern legacy of the historical Japanese village that flourished during the time of King Songtham in the early 17th century.