ADB keen to support megaprojects
The Thai government’s megaproject investment is likely to use domestic lending sources in the initial phase with foreign lenders joining in the later stage, says the Asian Development Bank (ADB).
Based on discussions with the Finance Ministry, Yasushi Negishi, the country director for the ADB’s Thailand Resident Mission, said he understood that the government wanted to raise initial funding for the projects from the domestic market. But external sources will be considered in the later stages.
