The Port Authority of Thailand - a potential goldmine

Alongside the privatization of the the Airports Authority of Thailand (AAT) this November, a divestment in the Port Authority of Thailand (PAT) sits high on the Thaksin Government's IPO target list in the transportation sector. However, there are strong reasons to believe that privatization of the PAT will be difficult to achieve by the target date of late 2003/early 2004, if at all.