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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

New Thai govt may establish SWF

Posted on 04 July 2011

Dr Olarn ChaipravatThe new government expected to be led by the Pheu Thai Party is likely to brand itself as pro-change and pro-reform, and to encourage a “bottom-up” approach to development. It wants to set up a sovereign wealth fund by drawing international reserves from the central bank to invest in natural resources and energy - oil, diamonds and gold in Africa.
These ideas, partly formulated by Dr Olarn Chaipravat, the party’s chief economic strategist, are seen as a continuation of those set by its predecessor, the now-defunct Thai Rak Thai Party……………………………………….Full Article: Source


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