Apisak: Corridor is our growth engineThe Finance Ministry is hoping that the beginning of the Eastern Economic Corridor (EEC) project will help drive the country's economic growth above 4% in 2018, says Finance Minister Apisak Tantivorawong. "The EEC will be Thailand's new engine to drive growth," Mr Apisak said. The government initiated its flagship EEC project with the aim of attracting funds from Thai and foreign investors. Over the next two years, the government plans to lay the economic foundations for a subsequent decade of growth, Mr Apisak said. But the World Bank has cautioned that the ongoing recovery is attributable to a commodity price rebound, which might not be sustained, Mr Apisak said.

Source: Bangkok Post January 02, 2018 22:30 UTC