Thailand eyeing ambitious infrastructure project to tap on China's 'One Belt, One Road'

Singapore

THAILAND said a US$44 billion plan to add infrastructure and upgrade industry on its eastern seaboard can link up with China's Belt and Road initiative, as part of a push to encourage economic growth.

The Eastern Economic Corridor (EEC) project could be beneficial for China and the rest of South-east Asia, apart from bolstering Thailand's outlook, Industry Minister Uttama Savanayana said in a Bloomberg interview in Bangkok.

"It's very natural, logical, and mutually beneficial for the EEC to link up with One Belt, One Road, and other regional initiatives like the RCEP or even TPP if that goes ahead," Mr Uttama said, referring to the Association of South-east Asian Nations initiative known as the Regional Comprehensive Economic Par…