BANGKOK, 8 August 2012 (NNT) – Thailand is set to implement
more investment stimulus programs to pave ways for the development of the
country.
Deputy government spokesman Chalitrat Chantharubeksa said
that the Cabinet on Tuesday agreed to endorse the minutes of the 5th Strategic
Committee for Reconstruction and Future Development (SCRF) meeting, which
called for the speeding up of 4 key investment plans in the country.
Mr. Chalitrat said that, according to the SCRF, Thailand has
been missing out in the areas of infrastructure investment for more than 15
years, or since 1997.
Therefore, it is urging the government to plan a 5-10-year
investment policy, which focuses on domestic borrowing and the elevation of the
government-to-government collaboration in the development of the Dawei deep-sea
port project and the related industrial estate, which is intended to connect
Thailand’s west coast.
The SCRF also asked the government to speed up the
construction of the dual-track railway and the high-speed train system.
In addition, the committee stated that the government should
quickly disburse its financial aid to businesses, which were hit hard by last
year’s severe flood crisis, through the Bank of Thailand’s low-interest-rate
300-billion-baht loan project, which will help SME operators to be ready for
future goods transport to other ASEAN markets at lower logistics costs.
(thainews.prd.go.th)
