Under the JICA-supported project titled “Strengthening Capacity for Managing Contingent Liability Risks through Improved Public Investment Management,” representatives from the Ministry of Finance, the Ministry of Economy and Development, and the Public–Private Partnership (PPP) Center (state-owned enterprise) participated in a study visit and working meetings in Thailand focused on public–private partnership (PPP) infrastructure development.

During the program, the delegation reviewed Thailand’s practical experience in implementing PPP projects across key infrastructure sectors, including highways, expressways, railways, urban mass transit systems, high-speed rail, ports, and airports. Discussions covered project financing structures, risk allocation mechanisms, institutional arrangements, and policy instruments used to attract private sector investment and expertise.

The study visit is aimed at enhancing Mongolia’s institutional capacity to prepare, assess, and implement PPP projects more effectively, while strengthening the management framework for contingent liabilities. The initiative contributes to improving fiscal risk oversight and advancing the transition of priority projects into economically viable and bankable investments.