Thailand’s state enterprises have invested more than THB100 billion in energy infrastructure projects during the first half of 2021. This is a part of the Government of Thailand’s economic stimulus policy. The goal for 2021 is to invest a total of THB200 billion in national energy projects.
PTT Public Company Limited (PTT Plc), the Electricity Generating Authority of Thailand (Egat), and their subsidiaries have received the majority of the investment. These include the LNG receiving terminal in Rayong, the fifth natural gas pipeline project and a nationwide electricity transmission expansion project.
In terms of total investment by all 43 state enterprises, THB191 billion in investment funds has been disbursed, accounting for 101 per cent of the entire investment planned. The first phase of the Thailand-China high speed rail (HSR) project, the Red Line electric rail project, the high-speed train linking three airports, and the Orange Line electric rail project were among the key investment projects with higher-than-expected disbursement.
