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World Bank VP suggests flood controls for sustainable economy in Thailand


snoop1130

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While Thailand aims to improve its economic performance, to be that of a high-income country by 2037, the government needs to overcome several major issues. A policy ensuring climate-resilient development is indispensable in sustaining economic growth, as increased flooding in Thailand has had a huge impact on the economy.

 

In an exclusive interview with Thai PBS World, World Bank Vice President for East Asia and Pacific, Manuela V. Ferro, said that a joining of forces between the Thai government and the World Bank could expedite the completion of a flood management project in the Chao Phraya River basin.

 

“Thailand’s government is implementing a huge, complex and ambitious project to manage flooding, which requires resources and know-how. The World Bank is ready to help and support Thailand’s government to complete this project. This is an investment that, if it’s only done using government resources, would take 20 years but, if it’s done by pulling in other resources, it can be completed in 6 to 7 years,” the Vice President said.

 

Full story: Thai PBS 2024-03-26

 

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10 minutes ago, snoop1130 said:

joining of forces between the Thai government and the World Bank could expedite the completion of a flood management project in the Chao Phraya River basin.

Ker-ching $$$

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14 hours ago, snoop1130 said:

While Thailand aims to improve its economic performance, to be that of a high-income country by 2037, the government needs to overcome several major issues.

A performing government ?

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4 hours ago, hotchilli said:

A performing government ?

 

49 minutes ago, Srikcir said:

Thailand will be getting submarine from China costing $403 million. Perfect for flood control.

Yes and they are going to use it in the Chao Phraya River!

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