Country got approval of tax and fee waivers for the Infrastructure Fund.

By bne IntelliNews November 17, 2011
Thailand's Cabinet granted approval of tax and fee waivers to support the establishment of an Infrastructure Fund by state agencies, which is aimed at reducing the government's investment burden and increasing private sector participation in infrastructure projects. As reported by Dow Jones International News, the government and private investors are likely to do the financing for this purpose. The fund is likely to allow the government to invest in more projects that require enormous investment such as rail, utilities, expressway, airports, deep sea ports, or alternative energy projects.

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