Court’s ruling restores confidence

Published: 23/02/2012 at 12:40 PM
Online news:

The ruling by the Constitution Court that the two executive financial decrees are constitutional had helped restore the confidence of investors and other groups worried about a possible recurrence of last year's disastrous flood, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries, said on Thursday.

Mr Payungsak said the government should now rapidly move ahead with its water management and flood control plans before the rainy season arrives.

Pornsilp Patcharintanakul, vice chairman of the Thai Chamber of Commerce, said the government must immediately call a meeting of various panels set up to make decisions on water management projects.

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lazar
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Discussion 3 : 23/02/2012 at 02:34 PM3
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Dont speak too soon, investors only want to see results, not fattening bank accounts.
Its one thing granting funds but its a different thing putting it to good use. Hopefully they will now they have the money.
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samesame
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Discussion 2 : 23/02/2012 at 01:29 PM2
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The chances of running a project of this size without corruption in Thailand would be impossible I am sure people are already planning how to extract money already, as for how its done bring in some Dutch experts to help plan and advise but make sure you pay them unlike the German road contractors.
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khunbj
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Discussion 1 : 23/02/2012 at 01:18 PM1
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Get to work guys ... would expect some work can be done during the rainy season as well.
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Court’s ruling restores confidence | Bangkok Post: breakingnews