11.   Among potential competitors for capital are the privatisation programmes of Malaysia, China, the Philippines and Taiwan.

12.   Browne said the Chuan administration appears to have built a level of confidence in the global community to facilitate the privatisation programme.

13.   EPF was also permitted to participate in any privatisation programme or other forms of investment with approval of the Minister of Finance.

14.   In short, the Thai privatisation programme has been a dismal failure.

15.   McKinsey believes it is time for Thailand to move quickly and present a credible privatisation programme to the international community.

16.   NINE international consultant companies are competing for a contract to advise the government on a two-year privatisation programme.

17.   The privatisation programme will not only ensure greater discipline in fiscal management, but the economy should also benefit from a more efficient provision of important public services.

18.   The privatisation programme is necessary because the government is running out of funds to finance infrastructure.

19.   The workers leaders emphasised the need for a strong commitment and consensus between the government and opposition for success of the privatisation programme.

20.   For example, EU advisers could help the Bulgarian government implement its major privatisation programme, he said.