Bangkok, Oct. 16 -- The Thai Cabinet has approved a 1.56 trillion THB (nearly 48 billion USD) investment budget framework for 51 state enterprises in fiscal year 2026, as proposed by the National Economic and Social Development Council (NESDC).
The budget package is expected to boost Thailand's gross domestic product (GDP) growth by about 0.3% next year.
The government has set a target for state enterprises to disburse at least 95% of their approved investment allocations, with a combined net profit of around 86.49 billion THB (2.65 billion USD).
Looking ahead, the investment framework for 2027-2029 (excluding listed firms and subsidiaries) is projected at 1.06 trillion THB, averaging about 353.7 billion THB annually. Over the same perio...