Expediting infrastructure development ‘key to securing investments’

The Federation of Thai Capital Market Organisations (Fetco) has urged the next government to expedite infrastructure development in the Eastern Economic Corridor (EEC) in order to boost investor confidence.

This includes revitalising the Ranong Port project and opening a trade route to India to position Thailand as a hub for maritime logistics in the region.

According to Fetco chairman Kobsak Pootrakool, the conflicts between major powers such as China and the United States, as well as the wars in Europe between Russia and Ukraine, along with various geopolitical conflicts worldwide, have resulted in the movement of investment towards the Southeast Asian region, particularly Vietnam, Indonesia, and Thailand.

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The Nation Reporter