Date of Release:
Mar 11 2016
Activists see this order as bringing cheer to the business sector, but suffering to people.
The junta's order can be seen as an attempt to boost the economy by investment spending considering the withering exports.
Since Prime Minister Prayut Chan-o-cha took power in 2014, a number of projects that were supposed to have taken off have fallen short of the government's target. One of the main reasons is the long period required for the EIA process, resulting in construction costs and compensation for land expropriation surging. Some projects took as long as eight years to pass the EIA.