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 ...

The Nation Reporter

Private sector expected to shore up EEC activity

Real investment in the government’s Eastern Economic Corridor (EEC) is estimated to reach 400 billion baht this year, driven largely by private investment and key infrastructure development projects.Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would ...

Bangkok Post Reporter

Along the Mekong River, Development Creates Sustainability Concerns

Rapid growth in the number of dams along the Mekong River is transforming Southeast Asia’s energy, food, transportation, security, and ecological networks. Eleven hydropower dams now span the river’s mainstream before it leaves China, with hundreds more dams planned or under construction in the other ...

State sees EEC funding hitting B400bn

The government is optimistic that investment in its flagship Eastern Economic Corridor (EEC) can reach 400 billion baht next year, driven both by private investment and infrastructure development.Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would ...

Bangkok Post Reporter

Cabinet nods to plan for Bt18.7 bn economic zone in Songkhla

The Cabinet on Tuesday (January 21) approved the development plan of a special economic zone in Chana district of Songkhla province, costing Bt18.7 billion, said Deputy government spokesperson Ratchada Dhanadirek.The investment will cover building of a city, a deep sea port, water and land transportation ...

The Nation Reporter

Huge new stimulus package coming: Somkid

Thailand needs to rev up both public and private investment, including infrastructure development as well as the promotion of the tourism and service sectors, to boost economic growth this year, Deputy Prime Minister Somkid Jatusripitak told a business seminar on Wednesday.The central bank estimated 2019 ...

Bangkok Post Reporter

Govt to expropriate 50,000 rai of land for infra developments

The government plans to expropriate up to 50,000 rai of mostly farm land for infrastructure development of the Eastern Economic Corridor and other parts of the country.The projects include a high-speed rail system linking three international airports and a double-track railway between the northern and ...

The Nation Reporter

Cabinet to adopt development guideline for Dawei SEZ link

The National Economic and Social Development Council (NESDC) will ask the cabinet to adopt its guidelines on infrastructure development on Tuesday, as the government seeks to start working on the long-awaited link that will connect the Dawei Special Economic Zone in Myanmar with Eastern Economic ...

Bangkok Post Reporter

Economist mulls murky EEC future

The new post-election government could lead to more Eastern Economic Corridor (EEC) investment but could also result in the cancellation of some key projects, says an economist.“Government investment so far has been really disappointing in the EEC,” said Burin Adulwattana, chief economist at Bangkok Bank. ...

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