Connect with us
CGIF-10th-Year-Anniversary

Business

$600 Mln Budget Approved for Four Flood Recovery Projects

The Cabinet, during its meeting on November 15, approved a budget of more than 17.9 billion baht for four major projects to support flood recovery and the rehabilitation of infrastructure that has been damaged by the flooding.

Avatar

Published

on

The Cabinet, during its meeting on November 15, approved a budget of more than 17.9 billion baht for four major projects to support flood recovery and the rehabilitation of infrastructure that has been damaged by the flooding.

The decision came after a joint meeting of the Flood Recovery and Restoration Committee, chaired by Deputy Prime Minister and Interior Minister Yongyoot Wichaidit, and the Flood Recovery and Restoration Committee on Infrastructure, chaired by Transport Minister Air Chief Marshal Sukumpol Suwanatat.

The first project, involving an amount of 489.20 million baht, seeks to restore the runways, the taxiways, and other facilities at Don Mueang Airport. The restoration work, to be carried out by Airports of Thailand Public Company, will be completed within 60 days. The second project, to be carried out by the Department of Highways, seeks to urgently repair 708 highways. This project involves an amount of almost 11.9 billion baht.

The third project, involving a budget of 4.59 billion baht, calls for the rehabilitation of 549 rural roads. It will be carried out by the Department of Rural Roads. The fourth project, which involves 956.29 million baht, seeks to restore 790 flood-hit educational institutions and offices under the supervision of the Ministry of Education.

The Cabinet heard a report, submitted by the Ministry of Industry, on the protection and rehabilitation of flood-hit industrial estates, industrial zones, and industrial parks. According to the report, seven industrial estates, industrial zones, and industrial parks in Ayutthaya and Pathum Thani provinces have suffered from the flooding since early October 2011. They include Saha Rattana Nakorn, Hi-Tech, Bang Pa-in, Rojana, Factory Land, Nava Nakorn, and Bangkadi. It is expected that flood waters will be drained from all these workplaces during the month of December.

The report also said that the Ministry of Industry had mobilized forces from various agencies to protect eight industrial estates from floods. The eight industrial estates include Bangchan, Lat Krabang, Gemopolis, Bang Phli, Bangpu, Wellgrow, Sinsakorn, and Samut Sakhon. They are now considered safe from inundation.

The Ministry of Industry, the Ministry of Natural Resources and Environment, and the Ministry of Public Health are working in an integrated manner to ensure that water drained from various affected industrial estates, industrial zones, and industrial parks will not cause health and environmental hazards.

In the same Cabinet meeting, the Ministry of Agriculture and Cooperatives submitted a report on the impact of floods on the country’s agriculture. It said that 11.2 million rai, or about 4.5 million acres, of farmland was likely to be damaged. The Bureau of the Budget has allocated almost 4.4 billion baht for the Bank for Agriculture and Agricultural Cooperatives to assist affected farmers.

via Inside Thailand — Almost 18 Billion Baht Approved for Four Flood Recovery Projects.

Comments

Business

Online intellectual property dispute platform to go live next year

The online dispute settlement platform for intellectual property cases will assist with cases related to copyright, patents, and trademark infringements using digital technology.

National News Bureau of Thailand

Published

on

Pantip Plaza Electronic display

BANGKOK (NNT) – The Department of Intellectual Property has introduced its online dispute settlement services covering intellectual property cases that it developed with the Thai Arbitration Institute.

(more…)
Continue Reading

Business

Thailand pushes for “Ease of Doing Business” reforms

Thailand is in the process of responding to the World Bank’s advice and the “Ten for Ten” proposal by five ambassadors to Thailand, according to Deputy Prime Minister and Minister of Energy Supattanapong Punmeechaow.

Olivier Languepin

Published

on

The government has made improving the business environment in Thailand a key policy by setting a goal to raise the ranking of the ease of doing business to be among the top 20 countries in the world.

(more…)
Continue Reading

Business

Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

Pr News

Published

on

By

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,431 other subscribers

Trending