Economist mulls murky EEC future
The new post-election government could lead to more Eastern Economic Corridor (EEC) investment but could also result in the cancellation of some key projects, says an economist.
“Government investment so far has been really disappointing in the EEC,” said Burin Adulwattana, chief economist at Bangkok Bank. “The government has kicked the can down the road every year and for the past five years the average disbursement rate of investment was only 70% of planned investment, while last year was even more disappointing at 56%.”