firms amounted to 430.68MB. This figure looks
considerably low as compare to the target of 1,000MB
through end of 2006. This is due mainly to the screening
process of and quite a high standard investment criteria
set by joint venture funds.
4.2.5 Number of SMEs listed in SET or MAI
Apart from equity investment of joint venture funds,
the governments also encourage those high-capability
SMEs to be a listed company in SET or MAI. In 2004,
only 22 SMEs were able to be listed in Thai stock
markets, and they were all financially backed by the
IFCT. It can thus be explained that SMEs in Thailand
has face difficulty in accessing to source of risk funds.