A think tank has singled out 419 projects worth a combined 3.87 trillion baht for investment from 2013 to 2015.
The shortlist of the projects, aimed at supporting growth and competitiveness in the wake of regional integration, will be tabled for government consideration.
A lion's share of 3.21 trillion baht would go to financing 229 projects to restructure production and services, according to the National Economic and Social Development Board's report presented at the third workshop on the country's strategy and action plan yesterday.
Chaired by Prime Minister Yingluck Shinawatra, the meeting aims to prepare the country for the Asean Economic Community in 2016.
Of the total, 94 projects worth 472 billion baht aims to reduce social disparity. They involve upgrading education, developing skills for labourers, promoting small and medium-sized enterprises and community businesses, improving quality and social services, enhancing good governance and ensuring fairness among low-income earners.
Another 141.28 billion baht would support and promote 35 environmentally friendly projects. They involve industrial eco-town development, carbon-emissions reduction, tax incentives for green industries, better management for natural resources and measures to reduce natural disasters.
The remaining projects involve legislative reforms, budget allocation and bureaucratic improvement.
The meeting yesterday also agreed to have state agencies design their investment projects in line with the country's strategy and submit their plans to the NESDB by Jan 14.
Arkhom Termpittayapaisith, NESDB's secretary general, reported to the meeting yesterday that economic growth last year was 5.5%.
The agency projected the average economic growth over the next five years at 6% and 5% for next 10 years.
This compared favourably with the average growth of only 2.6% between 2007 and 2011.
About the author
- Writer: Chatrudee Theparat
Position: Business Reporter