A Thai court ruled that dozens of industrial projects in the country’s east must remain suspended because of environmental concerns, a decision that disappointed markets and may weigh on economic growth and the earnings of two of Thailand’s largest conglomerates next year.
The ruling comes after the government appealed a decision by the Administrative Court in late September to issue an injunction to suspend 76 projects valued at 400 billion baht ($12.06 billion) in the Map Ta Phut industrial estate in Rayong province after environmentalists argued that the permits approved by the government violated the constitution.
The Supreme Administrative Court on Wednesday approved 11 projects to proceed, but said that 65 others must remain halted.
The court said all projects being developed by Siam Cement PCL will remain on hold.
The company, Thailand’s largest industrial conglomerate in terms of sales, has previously said that along with its partners, it has 106 billion baht worth of projects under suspension at the estate.
A major gas separation plant being developed by Thailand’s largest energy conglomerate, PTT PCL, was among those approved by the court, company spokesman Attaphol Lertpiboon said. A Euro 4 emission standard project by PTT Aromatics & Refining PCL will also go ahead, he said.
Disparity worsens ocean pollution
Most of the Thai marine waste is plastics led by plastic debris (12%), Styrofoam boxes (10%), food wrappers (8%), plastic bags (8%), glass bottles (7%), plastic bottles (7%), and straws (5%).
Ocean plastic pollution is threatening humanity and Thailand cannot escape the blame as one of the world’s worst marine polluters. Although the government has pledged to tackle marine pollution, one thing is certain. Success is out of reach if the state authorities fail to engage local communities as equal partners.(more…)
ASEAN takes on Circular Economy as part of priority agenda
The circular ‘reuse-reduce-recycle’ approach promotes a more efficient use of resources, thereby contributing to ASEAN Member States’ commitment to the Paris Agreement on climate change and the achievement of the UN 2030 Agenda for Sustainable Development Goals.
Today, ASEAN Secretariat conducted an online workshop on Circular Economy. The workshop gathered relevant sectoral bodies to discuss the draft Framework for Circular Economy for the ASEAN Economic Community (AEC), which is one of the priority economic deliverables for Brunei Darussalam’s ASEAN Chairmanship this year.(more…)
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