Global Trade Alert
Global Trade Alert

Thailand: ADB provides USD 91.9 million loan to GWTE subsidiaries for industrial waste-to-energy power plants

Announcement

06 Feb 2026

In February 2026, the Asian Development Bank (ADB) provided a USD 91.9 million loan from its ordinary capital resources to 12 companies indirectly owned by Gulf Waste to Energy Holdings Company Limited (GWTE), a subsidiary of Gulf Development Public Company Limited (GULF).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Feb 2026

Revocation date:

No revocation date

Updated: 09 Mar 2026
State loan In force

Recent update from 09 Mar 2026:

On 6 February 2026, the Asian Development Bank (ADB) provided a THB 3 billion (USD 94.2 million) loan to 12 companies indirectly owned by Gulf Waste to Energy Holdings Company Limited (GWTE), a sub...

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