Clarity to lighten up MTP | Bangkok Post: business

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Clarity to lighten up MTP

All parties holding breath for ruling today

All eyes are on the Central Administrative Court today as it makes its final ruling on the fate of suspended industrial projects in Map Ta Phut, with high hopes that the outcome will lift investors' confidence and increase investments the country.

Industry Minister Chaiwuti Bannawat said that clarity about projects in the giant industrial estate in Rayong could help push new investment applications to 500 billion baht this year as targeted by the Board of Investment (BoI).

The court is scheduled to rule whether the 76 suspended projects in Map Ta Phut can proceed after the National Environmental Board (NEB) last Monday approved a list of 11 harmful activities that would be subject to extra regulation.

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Writer: Nanchanok Wongsamuth and Nareerat Wiriyapong

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