Thailand: Cabinet approves changes to PPP act
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.
Source: http://www.nationmultimedia.com/detail/Economy/30360343