Thailand has completed a number of PPPs since the 1990s in the power, road, mass transit and port sectors, and has remained committed to this method of infrastructure development across various regime changes. Until 2013, responsibilities for PPPs were dispersed across ministries and agencies, and there was no sustained effort to coordinate and standardize procedures. Significant progress has been made with the introduction of the Private Investment in State Undertakings Act (PISU Act) of 2013.The PISU Act designated the State Enterprise Policy Office (SEPO) under the Ministry of Finance as the central PPP coordinating bod, which also provides the secretariat for a high level PPP Policy Committee. The PISU Act also allows for contract award through competitive bidding or direct negotiation, and improves on the previous law by introducing a requirement for ministry level oversight of post award contract adjustments.

PPP planning is set to become more coordinated, and implementation more standardized, under the new legal framework-though more guidance on project evaluation and accounting mechanism is required.

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