PPP panel okays projects worth B19bn

The Public-Private Partnership (PPP) committee has approved two projects worth nearly 19 billion baht to develop and manage goods transport facilities to serve shipping and border trade businesses in Rayong and Chiang Rai provinces.

The meeting, chaired by Deputy Prime Minister Supattanapong Punmeechaow, resolved on Friday to have companies invest in the projects under PPP Net Cost, said committee secretary Prapas Kong-ied, also chief of the State Enterprise Policy Office.

The first project, valued around 16 billion baht, concerns port management to facilitate loading and unloading of liquid products for factories in Map Ta Phut Industrial Estate in Rayong.

A private investor will be granted a concession to operate the facilities for 30 years.

The government is not committed to investment or expense, but will allow its business partner the right to use assets of…