Prime Minister Yingluck Shinawatra has promised to drag Thailand out of its so-called "middle-income trap" with massive investments in megaprojects.
The middle-income trap is an economic term for when a country's growth plateaus and eventually stagnates after reaching middle-income levels.
Ms Yingluck yesterday said Thailand had not completed any major infrastructure projects for several years. Its latest development project was Suvarnabhumi airport seven years ago.
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