Industrial projects in Map Ta Phut that are clear of the list of harmful activities should be able to resume operations within two weeks, says Buddhipongse Punnakanta, an adviser to Industry Minister Chaiwuti Bannawat.

View original article here:
Map Ta Phut activity could resume in 2 weeks

Map Ta Phut energy complex

Map Ta Phut activity could resume in 2 weeks

Members of an activist group will begin campaigns tomorrow against last week’s ruling by Thailand’s Central Administrative Court allowing 74 of the 76 industrial projects at the Map Ta Phut industrial estate suspended last year to resume operations.

Suthi Utchasai, coordinator of the Eastern People’s Network, said after a meeting of more than 100 group members on Sunday that letters would be handed to several committees, including the four-party panel headed by ex-prime minister Anand Panyarachun, on Monday urging them to resolve the pollution problem at the industrial estate systematically and with good intention.

The four-party panel headed by Mr Anand had earlier advised the government and informed the National Environment Board that 18 categories of projects were deemed harmful to the environment under Article 67, while outlining a city plan to solve the pollution problems at the Map Ta Phut cases.

The Thai economy has done better in 2009 than most people feared. The World Bank maintains his evaluation of a 2.7 percent contraction – implying a quick rebound in the second half. It will take at least another 2-3 years for Thailand to return to its potential growth. ¬To do to find its way back into sustainable growth Thailand needs to Increase returns to private investment by building human capital and maintaining political stability, and to rebalance the economy by removing constraints from domestic demand and promote greater equity.

In order to ensure Thailand’s competitiveness in the near future, Thailand needs to improve its productivity and investment climate. Experience from countries that have managed to increase productivity and rise up the value chain such as South Korea and Taiwan have shown that productivity improvements at the national level are achievable with a concerted efforts by the private sector, government, and academia. Firms need to raise their productivity and adaptability to the rapidly changing macroeconomic environment and intensifying competition through greater product and service development, higher efficiency, and better risk management.

Government in Thailand should take measures to improve the country’s investment climate such as streamlining the regulatory environment and improving public infrastructure which will help stimulate private investments as they help to reduce operating costs for firms.
The tourism sector worldwide and in Thailand is likely to grow modestly next year. According to the World Tourism Organisation, international tourist arrivals worldwide dropped around seven percent between January and August this year. As for merchandise exports, recent months witnessed some improvement..

See original here:
Map Ta Phut activity could resume in 2 weeks

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Why is the air quality so bad in Thailand?

The World Health Organization (WHO) recommends that the annual average PM2.5 level should not exceed 10 micrograms per cubic meter (μg/m3), but Thailand’s average was 64 μg/m3 in 2022, more than six times higher than the WHO guideline.

2023 Mergers and Acquisitions Trends in Asia

Asia is a diverse and dynamic region that offers many opportunities for M&A deals in 2023. Here are some of the key trends and drivers that will shape the M&A landscape in Asia in 2023.

Thailand’s Plastic Waste Conundrum

Despite the Thai government’s ban on four more types of single-use plastics in 2022, up to 250,000 tonnes of imported plastic waste from other nations continues to flow into the country annually through the international plastic waste trade.