Bloomberg News

Thailand to Provide Loan to Help Rebuild Industrial Estates

October 24, 2011

Oct. 24 (Bloomberg) -- Thailand’s government will consider providing a “soft loan” of about 25 billion baht to help repair damage and rebuild infrastructure at seven industrial estates that have been shut down by flooding, Deputy Prime Minister Kittiratt Na-Ranong told reporters today.

“The soft loan facility will be proposed to the Cabinet for approval,” Kittiratt said. “We will set up a committee that will consist of government officials and representatives of industrial estate developers and manufacturers to help rebuild those complexes.”

To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net


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