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Tuesday, April 30, 2024

FTI urges swift Thai coalition to back high-tech hub and green growth

The Federation of Thai Industries (FTI) is preparing position paper outlining the economic policies favoured by businesses, with plans to submit it to the newly formed government once it takes office. Montri Mahaplerkpong, the FTI vice-chairman, stated that the paper is in its final stages and should be approved by the end of the month.

The document will highlight the private sector’s expectations from the new government, urging the Move Forward and Pheu Thai parties, which secured the most votes in the recent election, to expedite the formation of a coalition government. This will enable the continuation of key economic policies initiated by previous administrations, such as the Eastern Economic Corridor scheme, which aims to transform parts of Chon Buri, Rayong, and Chachoengsao into high-tech industrial hubs.

In addition, the FTI seeks the promotion of…

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