33917-014: THA: THAI RECOVERY FUND LLC (aka:SME Invstmt & Restructuring Fund)

Project Data Sheet (PDS): Overview


The Fund provides a vehicle to mobilize financial assistance in form of equity capital and advisory services to the SME sector, and expedite the corporate restructuring process, which is a prerequisite for successful recovery of the Thai economy. The SME Investment Restructuring Fund (SIRF) will seek to invest equity capital in selected companies, and play an essential anchor role in efforts to rest ructure SMEs. It will aim to reduce current high debt-to-equity ratios of SMEs to a lower and more prudent level, thereby enabling the banking system to extend credit or provide new loans. Read More

Country Thailand
Borrower/Equity Investment Name
Project Number 33917-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7156
Approval Date 09 Mar 2000
Geographical Location Bangkok, Thailand
Sector / Subsector Classification Finance
/ Infrastructure finance and investment funds
Safeguard Categories Environment: B



Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Project Data Sheets (PDS)

Responsible ADB Officer
Cindy Teo
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
27 Mar 2013

Last PDS Update
27 Mar 2013