The PPP Committee has approved the revised plan for public-private partnership projects for the years 2020 to 2027, with a total investment value of 997 billion baht, and is accelerating high-priority projects to stimulate overall national investment.

           

            Ms. Pantip Sripimol, Director of the State Enterprise Policy Office and Secretary of the Public-Private Partnership Policy Committee (PPP Committee), revealed the results of the PPP Committee's meeting No. 3/2021, stating that the committee has approved the revision of the public-private partnership project plan for the years 2020 to 2027 (PPP Plan) in accordance with Section 12 of the Public-Private Partnership Act of 2019 to align with the status and readiness of each project as well as the current situation.

            The revised PPP Plan includes a total of 67 projects intended for public-private investment, with an estimated total investment value of approximately 997 billion baht. The relevant ministries and project owners have been assigned to expedite the important and urgent projects (High Priority PPP Projects) under this PPP Plan to ensure they are completed within the specified timeframe. In addition to transportation projects across various modes, including road, rail, and waterways, the plan also encompasses projects in other sectors such as healthcare and housing for the elderly.

            The committee has also tasked the subcommittee to review the PPP project plan to propose ways to expedite the implementation of the PPP Plan, as well as to promote various state investment projects to proceed in the PPP format, thereby stimulating overall national investment and reducing investment constraints from the national budget and loans, while also building investor confidence in infrastructure and public service projects.

            Furthermore, the PPP Committee acknowledged the guidelines for determining the details in analyzing the principles and rationale for considering the importance of public-private partnership projects valued between 1 billion and 5 billion baht, which will provide a clear framework for evaluating such projects under the Public-Private Partnership Act of 2019, facilitating the implementation of infrastructure and public service projects according to the established plan.

            To ensure careful consideration of project importance, the PPP Committee has resolved to appoint a subcommittee to review and filter the significance of the aforementioned public-private partnership projects and to provide recommendations to the PPP Committee for further consideration.