Students from International Economics Program at Thammasat University visited ADB Thailand Resident Mission on 19 July 2019
Students from International Economics Program at Thammasat University visited ADB Thailand Resident Mission on 19 July and were briefed on ADB operations in Thailand and ADB's role on regional cooperation particularly on the Greater Mekong Subregion Program. ADB also encouraged students to engage in ADB Knowledge products available online and discussed a potential knowledge sharing activity between ADB and Thammsat University.
ADB met Finance Minister Apisak Tantivorawong to express appreciation for a good partnership.
ADB Thailand Resident Mission, led by Country Director Hideaki Iwasaki, met Finance Minister Apisak Tantivorawong on 11 July in Bangkok to express appreciation for a good partnership between ADB and the Ministry of Finance, and also confirmed a continued support to Thailand's development agendas.
ADB Thailand Resident Mission and the Ministry of Finance ,on 3 July, conducted a wrap-up Country Programming Mission for the Country Operation Business Plan 2020-2022
ADB Thailand Resident Mission and the Ministry of Finance ,on 3 July, conducted a wrap-up Country Programming Mission for the Country Operation Business Plan 2020-2022 with relevant government agencies in Bangkok. The participants discussed ADB support for lending and non-lending project pipelines for Thailand in transport, energy, finance, and agriculture sectors, as well as collaboration on regional cooperation and integration.
ADB met Thailand Minister of Transport Arkom Termpittayapaisith and expressed gratitude for a good partnership.
Country Director of ADB Thailand Resident Mission Hideaki Iwasaki, on 27 June, met Thailand Minister of Transport Arkom Termpittayapaisith and expressed gratitude for a good partnership between ADB and the Ministry aiming to enhance transport networks throughout the Greater Mekong Subregion and the ASEAN region. ADB will also continue to work closely with the Ministry on Thailand's infrastructure development under the country operation business plan.
12th IMT-GT Summit
On 23 June, ADB President Nakao attended the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area Summit and the Indonesia–Malaysia–Thailand Growth Triangle Summit in Bangkok. He reaffirmed ADB’s support for these subregional programs as financier, honest broker, provider of knowledge, and facilitator in leveraging public and private resources for regional investments. On the sidelines of the 34th ASEAN Summit, he also met with President of Indonesia Mr. Joko Widodo and Myanmar State Counselor Ms. Aung San Suu Kyi, and discussed ADB’s continued development supports to the two countries.
Sustaining Transit Investment in Asia's Cities
ADB Vice President Susantono led a high-level rountable discussion on land value capture on 28 May in Bangkok. The panelists shared experiences on mass rapid transit system development, urban planning, public finance of urban infrastructure, and perspective of land value capture and beneficiary funding. He emphasized the importance of mass transit to address the challenges of rapid urbanization in major cities in Southeast Asia.
ADB Signs First Nonsovereign Mass Rapid Transit Project in Thailand
BTS Group Holdings Deputy CEO Terence Kong and ADB’s Private Sector Operations Department Deputy Director General Christopher Thieme signed 9.898 billion Thai baht ($311 million) facility agreements on 4 June 2019 for the Bangkok Mass Rapid Transit Project's Pink and Yellow Lines. The project is ADB's first nonsovereign MRT project to reach signing. It supports the construction and operation of two monorail lines which will provide affordable and efficient public transport. Read the news release
Launch of the ASEAN Catalytic Green Finance Facility
Thailand Finance Minister and ADB Governor Mr. Apisak Tantivorawong and ADB President Mr. Takehiko Nakao launched the ASEAN Catalytic Green Finance Facility, a new initiative under the ADB-administered ASEAN Infrastructure Fund, on 4 April 2019 in Chiang Rai, to mobilize $1 billion in green infrastructure investments across Southeast Asia. Joined by the ASEAN ministers, senior officials, and private sector entities, development partners signed letters of support for the facility which will provide loans and technical assistance for sovereign green infrastructure. Read news release
Workshop for Thailand's State-Owned Power Utility, the Provincial Electricity Authority, on the Issuance of Green Bonds
ADB organized a workshop for Thailand's state-owned power utility, the Provincial Electricity Authority, on the issuance of green bonds on 13 March 2019 in Bangkok. About 75 participants from the utility company, Ministry of Finance, Thai Bond Market Association, and Thai Securities and Exchange Commission attended the workshop.
Thailand tax auditors trained on exchange of information
Seventy tax auditors learned how to use exchange of information for auditing purposes at the Last Mile tax integrity seminar co-organized by ADB, Global Forum, and Revenue Department on 4-6 March 2019 in Bangkok. The seminar is part of ADB's assistance to Thailand in fighting tax evasion and mobilizing domestic resources. Contact ADB's Office of Anticorruption and Integrity for more information on how developing member countries with similar interests can participate.