Friday, August 4, 2017
This will constrain future civilian governments from implementing policies not in line with existing master plans. Thailand’s military government will use this as a guarantee to foreign investors that the country’s new wave of infrastructure planning cannot be undone after the next national election, slated for late 2018.
- Development of transport links under the EEC could spur tourism growth.
- Further eastern seaboard industrial development could see economic inequality and underdevelopment in other regions.
- Employment exceptions made for Chinese contractors could spur Chinese demands for similar exceptions elsewhere in ASEAN.
- Using Chinese labour to build infrastructure in ASEAN will see local backlashes if economic benefits are not spread.