July 23, 2014 / 12:21 AM / 3 years ago

THAILAND PRESS-NCPO backs China bank plan - Bangkok Post

Thailand is committed to participating in the Chinese-initiated Asean Infrastructure Investment Bank (AIIB) as a funding source for regional infrastructure megaprojects that would boost economic development.

Yongyuth Maiyalap, a spokesman for the National Council for Peace and Order (NCPO), said the military administration has given the green light for Thailand to join the AIIB.

(bit.ly/1p8oVee)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Bangkok Newsroom; Editing by Prateek Chatterjee)

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