Chinese government awards US$4.1m for local projects in Thailand

[webfact]

 

A robust financial boost of US$4.1 million, equivalent to 151 million baht, is being awarded by the Chinese government to 18 local projects in Thailand. This generous funding is being dispensed under the 2021 Mekong-Lancang Cooperation Special Fund (MLCSF), as revealed by the Ministry of Foreign Affairs (MFA).

 

A total of 106 projects were put forth for consideration by government bodies and educational institutions. However, only 18 were approved for funding, as stated by Busadee Santipitaks, the MFA’s acting permanent secretary.

 

The approved projects are all geared towards enhancing the living conditions of the Thai people, including those residing within the Mekong sub-region. The projects span across various sectors such as sustainable development, agriculture, food safety, and environmental protection. Additionally, some projects aim to speed up the economic recovery in the aftermath of the Covid-19 pandemic.

Among the 18 successful projects, 13 were proposed by the Ministry of Higher Education, Science, Research and Innovation. The remaining five projects were individually submitted by the Public Health Ministry, the Industry Ministry, the Commerce Ministry, the Interior Ministry and the Natural Resources and Environment Ministry.

Notable project titles include Prospect Supply Chain for Small Battery Electric Vehicle in Lancang-Mekong Region, Strengthening the Cooperation of Traditional and Indigenous Medicine in Response to Covid-19 Pandemic in the Greater Mekong Basin and Reviving Cultural Heritage Tourism Route from Yunnan to Highland Southeast Asia.

 

The project selection process was carried out by the Chinese embassy in Thailand, the Chinese Foreign Affairs Ministry and the Chinese Finance Ministry.

 

Busadee Santipitaks further revealed that the MLCSF this year is supporting 112 projects across six countries. These include 53 projects from China, 18 from Thailand, 14 from Myanmar, 12 from Laos, nine from Cambodia, and six from Vietnam.

 

From 2017 to 2023, Thailand has received approximately 748 million baht from the MLCSF.

 

Han Zhiqiang, the Chinese Ambassador to Thailand, stated that over 700 projects have been implemented in the Mekong River basin, with successful outcomes in various fields such as economic development. These projects have also led to improvements in income protection, water resource usage, law enforcement, and cultural exchanges, reported Bangkok Post.

 

“Next year, China and Thailand will celebrate the 50th anniversary of their bilateral relations,” Han Zhiqiang said. “We are willing to work with Thailand to implement the important consensus reached by the two countries’ leaders, and to celebrate building the China-Thailand community with a shared future for enhanced stability, prosperity, and sustainability,” he concluded.

 

by Mitch Connor

Picture courtesy of Pattanapong Sripiachai

 

Source: The Thaiger 2024-04-08

 

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[mikebell]

18 minutes ago, webfact said:

This generous funding is being dispensed

Beware of Greeks bearing gifts.

[mfd101]

US4 million? Generous?

[ROGER DUNN]

Doesn’t Thailand realise that China wants to buy them Out with All this “Free” Money ???

[2baht]

$4.1 ??? Chicken feed! How much of that will end up in the pockets of the influential??? 

[BritScot]

17 minutes ago, ROGER DUNN said:

Doesn’t Thailand realise that China wants to buy them Out with All this “Free” Money ???

China works by lending normally on assets with bribery then calling in the loans and taking the assets. This is more like subs look the other way and buy ships thank you.

[brianthainess]

Will that be taxed? 

[hotchilli]

6 hours ago, webfact said:

The approved projects are all geared towards enhancing the living conditions of the Thai people, including those residing within the Mekong sub-region. The projects span across various sectors such as sustainable development, agriculture, food safety, and environmental protection. Additionally, some projects aim to speed up the economic recovery in the aftermath of the Covid-19 pandemic.

Money well spent then.... 

[hotchilli]

5 hours ago, 2baht said:

$4.1 ??? Chicken feed! How much of that will end up in the pockets of the influential??? 

Most of it...

[Photoguy21]

6 hours ago, mfd101 said:

US4 million? Generous?

I doubt it. It is China's way of getting its foot in the door

[John Drake]

6 hours ago, webfact said:

This generous funding is being dispensed under the 2021 Mekong-Lancang Cooperation Special Fund (MLCSF), as revealed by the Ministry of Foreign Affairs (MFA).

 

Didn't China just start filling a new dam on the Lancang, further reducing water going downstream? Is this a payoff to stop "authorities" from complaining?

[Bundooman]

"Chinese government awards US$4.1m for local projects in Thailand"

 

Attached strings include the following 10,000 scam grabs:

To be announced after the grifters have taken their share of brown envelopes.

1.

2.

3.

4.

5.

6.

etc., etc.,

 

Xi - world ruler!

 

 

 

!

 

[dinsdale]

I guess money from submarines purchase could do a lot more than this without a handout (strings attatched) from the CCP. The CCP always wants something in return. This is not good hearted generosity.

[Purdey]

On 4/8/2024 at 7:32 AM, webfact said:

Next year, China and Thailand will celebrate the 50th anniversary of their bilateral relations

I thought it was hundreds of years? Maybe he means since the founding of the communist state. 

[kwilco]

On 4/8/2024 at 1:32 AM, webfact said:

This generous funding

Not the right description.

People knock China by alleging military expansion or shoddy goods..... none of this could be further from the truth.... it is this "generous funding" that we should be concerned about. 

China is inveigling its way into all aspects of life in most countries in S.E.Asian region.

Businesses, infrastructure, universities etc etc. There may be I stant benefits but in the long term they are indebted to China.

Even Australia is succumbing to this.

By fixating on the wrong issues, the West is allowing S.E. Asia to sucede to China.

Edited April 9 by kwilco