Yingluck promises $77mn loans to neighbours

SATURDAY, APRIL 21, 2012
Yingluck promises $77mn loans to neighbours

Prime Minister Yingluck Shinawatra has promised funding of US$77 million this year to infrastructure development and education projects in the Greater Mekong Sub-region (GMS).


 This would be on top of the financing of nearly 20 projects in the region.
 According to the government's website, www.thaigov.go.th, the promise was extended to GMS leaders joining the 4th Mekong-Japan Summit in Japan under the theme "Cooperation Between Japan and Mekong Region Countries" at the Akasaka Hotel.
  Yingluck told the leaders that basic infrastructure and transport linkage is the pillar of development in the GMS, to link up remote areas, improve the quality of life, and narrow the economic development gap with other Asean nations.
 She also thanked Japan for its commitment to finance infrastructure projects in GMS at the tune of 600 billion yen in the next three years.