Economy Data - Thailand (2)

Benchmarking Infrastructure Development 2020 is designed to encourage and support governments in improving the quality of regulatory frameworks governing large infrastructure projects. It does so by measuring the adoption of internationally recognized good regulatory practices oriented towards the sound preparation, procurement and management of large infrastructure projects that are closely aligned with the core philosophy of the G20 QII.

Economy Data - Thailand (1)

Benchmarking Infrastructure Development 2020 is designed to encourage and support governments in improving the quality of regulatory frameworks governing large infrastructure projects. It does so by measuring the adoption of internationally recognized good regulatory practices oriented towards the sound preparation, procurement and management of large infrastructure projects that are closely aligned with the core philosophy of the G20 QII.

Utilization of Proceeds in Asset Recycling

Options for utilization proceeds

The government entities may consider the following for utilization of proceeds from asset recycling:

  • Re-investment of proceeds in greenfield assets.

  • Re-payment of existing debt relating to the asset that is the subject of the asset recycling transaction (this would usually be a pre-condition of the lenders, unless the current lenders agree to continue their exposure to the project even after the private party takes over operations and maintenance of the project).

Contract Management in Asset Recycling

Asset recycling transactions involving a long-term concession or lease of an asset to a private partner constitute a long-term commitment by the private sector to operate and maintain, and sometimes redevelop and/or expand, a Relevant Authority's existing infrastructure project to deliver services to the public or the Relevant Authority. These activities are governed by the project agreements.

Financing Options and Instruments

This section presents different modes of financing an asset recycling finance. Private sector participants in an asset recycling transaction will be required to fund the upfront payment to secure the concession or lease. The private sector may also be required to fund any required capital expenditure to refurbish or re-develop the asset. This section discusses the financing options and instruments available to the private sector and provides the relevant Authority with an understanding of the criteria issues to ensure the bankability of any proposed asset recycling scheme.