PPP gross cost investment model ‘best for motorway projects’
The Highways Department proposed at a meeting on September 14 that two motorway projects. The meeting was held to prepare for today’s meeting of the Private Public Partnership Policy Committee. The committee is to consider the two projects. According to the Highways Department, the PPP Gross Cost model would allow private investors to invest in and operate projects under government ownership. Private investors would be granted concessions for operation and maintenance of the project for 30 years. Policy rate stays at 1.50%. The Bank of Thailand’s Monetary Policy Committee on September 14 unanimously voted to maintain the benchmark interest rate at 1.50 per cent, MPC secretary Jaturong Jantarangs said.
