Thailand Company News

PTT plans hike in overseas investment from 2014

PTT Plc, the country’s biggest energy company, will raise its foreign investment to about half its budget in 2014, up from 20-30% now, as domestic resources are being depleted, said chief executive and president Prasert Bunsumpun. The group’s five-year investment plan to 2013 calls for spending of Bt900b, with 20-30% on overseas projects.

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