Thailand to raise US$13bn through privatisation

Article Abstract:

Privatizations in progress are set to raise some $13 billion for Thailand's government, according to a government spokesman. The sale of stakes in Electricity Generating Company and Electricity Generating Authority of Thailand could amount to $420 million and $7 billion respectively, while a reduction in the government's 51% stake in Petroleum Authority of Thailand's exploration and production arm may raise $590 million. The Thai government wants to create a law that will open all business areas to foreign investment, except those related to national heritage and national defence.

Electric Power Generation, Transmission and Distribution, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Electric services, Crude Petroleum, Electric Utilities, National, Management, Finance, Petroleum, Privatization, Privatization (Business), Government business enterprises, Public enterprises, Electricity Generating Authority of Thailand, National electric utilities, PTT Exploration and Production Company Ltd.

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Landbridge projects for Kra Isthmus

Article Abstract:

It is possible that a road and rail landbridge will be constructed to connect Pattani, Thailand, with Kuala Kedah, Malaysia. This may be accompanied by a parallel crude oil pipeline. Other projects for the Kra Isthmus are also being considered. Sahaviriya Group has reached an agreement with the government of Myanmar for a feasibility study into a landbridge to connect Bang Saphan, Thailand, and Bokpyin, Myanmar. There is also the possibility of a road and rail link crossing Thailand between Khanom and Krabi.

Bridge and Tunnel Construction, Bridge, tunnel, & elevated highway, Bridges Construction, Planning, Buildings and facilities, Bridge construction

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Thai Airways International on the runway

Article Abstract:

The Thai airline business Thai Airways International Ltd. intends on issuing public shares to raise investment and reduce government shareholding. The share issue will a create 2.3 billion US dollar investment in the private sector and reduce the government's share-holding to 71.25%. The Telephone Organization of Thailand and Communications Authority of Thailand is to be privatized.

Scheduled Air Transportation, Intnl & Territorial Air Service, Air Transportation, Scheduled, And Air Courier Services, Scheduled Passenger Air Transportation, Air transportation, scheduled, Domestic Scheduled Air Service, Economic aspects, Airlines, Securities, Domestic airlines, Thai Airways International Ltd.

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