News dalla rete ITA

19 Luglio 2019

Thailandia

REDUCE INCOME INEQUALITY, MARK ON NORTHEAST VERSION OF EEC

Industry Minister Suriya Juangroongruangkit wants to apply the model for the Eastern Economic Corridor (EEC) to the country’s Northeast in a bid to reduce income inequality.   Urgently pressing issue was to help operators of small and medium-sized enterprises, especially those who have paid off debts but remain on the Credit Bureau’s blacklist. This status prevents them from getting new loans. It will be scheduled to talks with the Small and Medium Enterprise Development Bank of Thailand (SME Bank) to formulate remedies, along with ensuring that more money is injected into SME operators via the Industry Ministry’s SME Fund.   Eastern Economic Corridor (EEC) project will be continued according to the original plan. However, a development campaign focused heavily on a certain area may cause economic disparity in the region. For example, workers in the EEC areas will have a higher per capita income than those in Bangkok. It is therefore advisable to extend the EEC’s development model to other regions of Thailand, especially those with high economic disparities, like the Northeast. The Industry Ministry also plans more help for SMEs in the EEC areas, such as setting local content requirements to urge those behind mega-projects and investors to source materials and products from local manufacturers.   The Minister’s positive that we will be able to restore the confidence of foreign investors especially in the EEC areas after the new government unveils tangible policies regarding industrial development and an economic boost. (ICE BANGKOK)


Fonte notizia: Nation Thailand