ADB seeks co-financing of Thai projects
The Asian Development Bank (ADB) is looking to co-financing deals of mass transit, double-track rail and renewal energy projects with the Thai companies, said Hideaki Iwasaki, the bank’s country director in the Kingdom.
He said Thai government is in a strong fiscal position and has not borrowed much from the ADB.
However, The ADB has provided loans to private companies in recent years, citing co-financing of the yellow and pink mass transit lines in Bangkok.
Wichit Chaitrong
