Bangkok, November 15, 2011 ? The Cabinet today approved tax and fee exemption in connection with establishment of infrastructure fund to facilitate fund raising for infrastructure construction

provident funds in response to market development while widening investment asset varieties and in line with international standards. Key proposed changes include introduction of more principle-based eligible

Vitai Ratanakorn and Director and Secretary Roongkiat Ratanabanchuen. The objective was to discuss strategic approaches for developing and promoting the provident fund (PVD) industry and to support the

, multiple organizations from various sectors have expressed their supports for the development of this system in every process, including the Stock Exchange of Thailand (SET), the Association of Thai

academic stages for interesting issues for exchange of views, and supports development and application of innovations and technology in capital market processes. SEC will monitor progress in aspects and

needs. As such, intended outcomes from the supervision and development of the Thai capital market will be achieved.     Rapee Sucharitakul, SEC Secretary-General said that the SEC Board has approved the

market’s role to do so in the drive towards sustainable development of the economy and the society. These SRI Fund fee exemptions are part of the SEC’s efforts to support asset management companies in giving

fund mobilization for construction and development of infrastructure projects necessary for national economic development. The fund would essentially help (1) reduce the government?s budgetary burdens

client’s investment preference*. This approach aims to build investor confidence in private funds and supports the long-term development of the private fund industry. It also ensures that investors have

supporting development of infrastructure projects. Infrastructure fund will also lessen the government?s budgeting burden and public debts. We expect to see active cooperation among all related parties in