Page 67 - Annual Report 2552

STRATEGY 3 : PROVIDING APPROPRIATE SOURCES

OF FUND FOR ECONOMIC DEVELOPMENT

AND SOCIAL SUSTAINABILITY

“Appropriate criteria for project scrutinisation will facilitate PDMO in making financing plans to

comply with the project’s financial requirement and acceptable costs”
Due to the severe economic recession throughout the world in 2008 and effect upon Thai economy

in export, production, consumption, and private investment, it resulted in a 100,000 rise in job vacancy
and 4.3% contracted in GDP (yoy) in 2009. As a result, the government has initiated Stimulus Package

(SP2) through public investment in order to achieve two objectives: to create jobs and income via public
investment projects and to enhance Thailand competitiveness and sound opportunity for private investment in

long term. Furthermore, the expected outcomes have been also expanded to improve quality of lives of
Thai citizen as well as contribute to creative economy and green economy.

An overview of investment projects in SP2

Public Debt Management Office (PDMO) as a secretary in Project Steering Committee, chaired
by Permanent Secretary and having representatives from Bank of Thailand, NESDB, Ministry of Finance

and Budget Bureau, had proposed the criteria for prioritizing shovel-ready projects as follows:
1) Projects must comply with the objectives of SP2

2) Projects must be ready to implement: commencing the procurement/ the construction since
September 2009 or 2010 onward.

3) Projects must be able to stimulate domestic investment and employment.
For project details and funding sources, they can be summarized as follows:

66 รายงานประจำาปี 2552 ANNUAL REPORT 2009