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Saturday, May 4, 2024

Thailand’s PTT triples 2023 investments to $2.6bn ahead of EV rollout

BANGKOK — Thai state-owned oil and gas group PTT will roughly triple its investments this year from initial plans to 93.5 billion baht ($2.6 billion) as it prepares to begin production of electric vehicles.

PTT had initially planned to invest a 33.3 billion baht in 2023.

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