The government's planned 2-trillion-baht infrastructure investment will be the main driver of economic growth over the next five or six years now that weak demand in the West has muddied the export outlook.
Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong last week said the hefty investment over the course of seven years starting later this year will add 1.5 trillion baht to gross domestic product (GDP).
"This investment will improve our country's efficiency and prepare us for competition with trade rivals once the Western countries recover. It will pave the way for success and strengthen economic stability," he said.
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