Sepo estimates that 45 billion baht will be raised from the TFF IPO, but the exact amount depends on investor valuation of the expressways, Mr Prapas said. The TFF unit offering to the public is one of Mr Prapas's three priorities after he took the helm at Sepo last week. The PPP scheme and the infrastructure fund offering are tools to help alleviate the fiscal burden and prevent the country's public debt from soaring. The PPP scheme's strength comes from maximising efficiency, since the private sector always protects its interests, he said. On the issue of state enterprises' investment budget disbursement, Mr Prapas said he would monitor projects that are progressing slowly and seek faster budget allocation.

Source: Bangkok Post May 27, 2018 23:37 UTC