New Public Private Partnership ActThe Public-Private Partnership Act B.E. 2562 (2019) ("PPP Act") came into force on 11 March 2019, revoking the Private Investment in State Undertakings Act B.E. 2556 (2013). The stated purpose for the promulgation of the PPP Act is to have a clear and certain state policy in arranging infrastructure and public services by aiming for public-private joint investment on the basis of public-private partnership, and to determine mechanisms for solving problems, obstacles or delays in undertaking joint investment projects.
Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only
intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.