PTT Plc. Ltd.'s Opportunities for Public-Private Partnership
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Abstract
Today, Public-Private Partnership (PPP) in Thailand must follow rules and procedures prescribed in the Public-Private Partnership Act B.E.2556 (2013) and subsidiary legislations. The PTT Plc. Ltd., as a company privatised from the Petroleum Authority of Thailand and having been highly regarded as having potential and expertise, seeks to build up from such potential and expertise by entering into PPP agreement with the State. However, the current Shareholder Structure of the PTT could potentially lead to confusion and dispute regarding its status and right to bid in other State undertakings. To prevent the potential dispute, this article aims to analyse the possibility of the PTT in entering into PPP agreement, whether directly or indirectly through its subsidiaries, for future references.
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