Thailand is studying $9 billion infrastructure fund, finance minister says

September 16, 2024 4:47 AM EDT

FILE PHOTO: Thailand's new Finance Minister and Deputy Prime Minister Pichai Chunhavajira reacts on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File Photo

BANGKOK (Reuters) - Thailand is looking into setting up an infrastructure fund worth 300 billion baht ($9 billion) to invest in train projects, the finance minister said on Monday.

The timeframe for the study of the fund has not been set yet but it won't be long, Pichai Chunhavajira told reporters, without giving further details.

($1 = 33.17 baht)

(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by John Mair)



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