SET President Kesara Manchusree said that today The Stock Exchange of Thailand (SET) invited Minister ofTransport Prajin Juntong to give a keynote speech on transportation and telecommunication infrastructure policy. The speech highlighted the essence of the government’s policy on infrastructure investment to boost domestic economic expansion through government spending. This could promote growth of the overall Thai economy and related industries in all regions of the country, as well as strategically enhancing telecommunication systems to connect Thailand with neighboring countries, becoming a regional hub of investment in the long run.
“The telecommunication system and infrastructure development in the form of mega projects require huge amounts of funds. Currently, SET offers various fundraising alternative methods to meet the government and private sectors’requirements, covering equity, infrastructure fund. This helps easing off the government’s burdens, while offering opportunities for investors to invest in Thailand’s essential infrastructure assets,” added Kesara.
Foreign investors have closely monitored the progress of the government’s projects as Thai listed firms in related industries would benefit from those projects, such as Construction Services, Information & Communication Technology, Energy & Utilities and Transportation & Logistics sectors, etc. According to a recent SET’s bi-monthly CEO survey, the results showed that the progress of the government’s policies and projects would be a key driver to boost the country’s economic growth in the second half of this year,” added Kesara.
The Thai bourse has joined forces with all parties related to move the Thai capital market forward in line with the government policy. The policy stated today has surely encouraged the capital market to materialize the strategies to promote trading and investment towards sustainability. There were more than 300 top executives in the capital market as well as investors participated in today’s’ event.
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