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Economic news

Thailand is studying $9 billion infrastructure fund, finance minister says

09/16/2024

Less than a minute

2024.09.16 05:34

BANGKOK (Reuters) – Thailand is looking into setting up an infrastructure fund worth 300 billion baht ($9 billion) to invest in train projects, the finance minister said on Monday.

© Reuters. FILE PHOTO: Thailand's new Finance Minister and Deputy Prime Minister Pichai Chunhavajira reacts on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File Photo

The timeframe for the study of the fund has not been set yet but it won’t be long, Pichai Chunhavajira told reporters, without giving further details.

($1 = 33.17 baht)

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09/16/2024

Less than a minute