17 December 2020
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Supatthanapong is confident in improving economic indicators. Consumption revives, revealing the year ’64 moves proactively to attract investment Change country Bangkok is the center of multinational headquarters. Confident that Thailand will return to strength in the year ’65 without worrying about liquidity problems, financial institutions, ready to lend
Bangkok Business Newspaper and Than Sethakit Newspaper organize Dinner Talk: Restart Thailand 2021 Yesterday (17 Dec) to present the guidelines for economic driving in 2021 of the public and private sectors.
Mr. Supattanaphong Mechaow Deputy Prime Minister and Minister of Energy Special lecture on the topic “Driving Thailand 2021” That 2020 is the year that the economy has been greatly affected both at the global and national level. By the outbreak of COVID-19 Impacted until we were unable to set ourselves up And made us remember the pictures from the month Last April and December Impact We saw that Thailand is fragile as the Thai economy relies on exports and tourism.
In addition, the business sector was greatly affected, especially in small businesses. The degree of impact it has had many affected people. Which the government tried to adjust to build confidence in the 3-month moratorium of more than 6.8 trillion baht, 12 million related The government spent more than four hundred billion baht in remedies during those three months, and together with loans involved in helping those affected by another 400 billion baht, totaling 800 billion baht for remediation. To the economy
The various economic indicators in the last seven months have improved sequentially. Because we have confidence in consumption In terms of economy and vigilance, we cooperate well. Despite some political impact
Meanwhile, the hotel occupancy index has improved from 3% in April. Increased to 30% today, and half of the projects have helped SMEs Which these guidelines help Thailand To get through the crisis And saw the government try to stimulate liquidity for vulnerable small businesses such as TCG’s project with a budget of 1.5 hundred billion baht and 1.5 billion baht in this December, plus an additional 20 billion loans. baht
“I want us to remember this image of cooperation, that cooperation has helped us overcome this crisis,” said Supatthanaphong.
Accelerate consumption measures
In the past, the government has tried to design various projects. In order for the government to participate with the public sector to help stimulate the economy in the country And to help each other during some businesses that we still have some businesses such as tourism have suffered.
Mr. Supatthanaphong said that many economic figures today see that we can move forward. With Bloomberg data, Thailand is ranked number 1 in numbers and overall economic index. And when together with the economy Combined with epidemic control As a result, Thailand is less in trouble than hundreds of other countries. And better, many countries still struggle to prevent the outbreak. But still can’t We want Thai people not to forget this part where we help Thais have happiness and the economy is very less traumatized.
“Last April If you read Business Bangkok, we are concerned about several things such as 9-10% economic recession, debt pavilion. Or wrong payment Even today, the economic recession is only 6% and the cliff defaults do not happen. “
Half of our projects, and we travel together, are helping small businesses and vulnerable people get through this coming 2020 crisis.
Push technology to create new business
In addition, the mission of cooperation in Thailand is not yet exhausted. We need to cooperate continuously. Because COVID-19 is not over yet, continuous cooperation is required. In attracting investment and adjusting In the past 6 years, we plan the infrastructure to have 14 electric trains within 4-5 years. Our train in Bangkok, a distance of more than 500 kilometers, is longer than London.
In addition, in the Eastern Special Development Zone (EEC), there are large-scale projects with infrastructure to be completed in the next 4-5 years, including the Eastern Innovation Zone (EECI) and a push. Innovation and modern tools And a modern lab to support investment Including digital and 5G, which was confirmed by the President of Huawei that we have the best digital network in the region. To facilitate robotics, AI and new businesses in 2022
Mr. Supatthanaphong said that we cannot allow Thailand to revert to the time of COVID-19 when Thailand was ready. Therefore, the government will act proactively In consultation with investors Foreign Chamber of Commerce In which the government, together with the BIO, and led the EEC office in discussions and attracting foreign investment in 5 countries, proposed Thailand to improve on Proposition 10 for 10 to enhance the Ease of doing business, putting Thailand in one of 10 countries
64 years of investment acceleration
“Next year will be to attract, improve and change to change the country. We will create new industries That reduce the dependence in various countries The government will move forward But we ask the private sector to believe that these things can happen. From the availability that we have Bangkok will be the center of investment, setting up an office in the region Other industries There will be such adjustments Being a center for automobile production It is not difficult to advance to electric vehicles. When there is a clear master plan “
For electric vehicle (EV) making, one story will lead to changes and create many more industries such as smart parts. Electricity from renewable energy Because we have to walk on this issue because the greenhouse effect is reduced to reflect the global context. And a chance for Thailand Such as creating an energy community Biomass power plant Solar power plant in Laos
Confident Thailand is back to strength in 65 years
In 2022, the economy will be back and stronger, but in 2021 still need to reinvent even with a vaccine. But it took us about 6 months to gain a foothold. And in the second half will begin to see a clearer direction
“We don’t have to worry about liquidity. Our bank is strong If everyone encourages investment Moment, the banking sector will lend itself a lot of credit. I see the big picture that everything has been built over 6 years and has the opportunity to turn around for success in changing countries. ”
As for reducing inequality in the economy by creating more economic opportunities such as Economic platforming for more economic activity In addition, in the past there was a relief of interest on debt settlement. And the debt of The Royal Thai Army has come in to have more debt repayment.
“I consider it important to work together to create opportunities for the little ones. Next year it will take care of the rest of the country. Giving money alone can’t do it. Because the budget is not enough We have to create opportunities Create new careers To connect the work of many people in society
As for the project, we didn’t leave each other, with 27 million people logged in, thanks to the fact that Krung Thai Bank was able to do so and very few systems failed. Making it possible to expand in half And will be extended to other projects that generate economic growth in the future
“Thailand suffered less economic trauma We have not been cut credit ratings and have been recognized as indicators of overseas economic assessment and epidemic control. “
Thailand did not have the second epidemic.
Mr. Supatthanaphong continued that we will not be epidemic until there is a lock down in the second round absolutely because we have passed the lock down and affect the economy a lot and take some time to recover.
For our vaccines It is already being prepared, spending 3 billion baht on a vaccine that will be given to vulnerable and vulnerable people. And we have vaccines that have factories in Thailand Which the situation will improve, causing the year 2022 to create the economy together If we help each other to be The country will grow And better than before Because we have proven ourselves during the difficult times We have created a miracle. We are in a proud country That we will be able to sustain and create economic growth in the future.
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