Wednesday, 12 March 2008

Thais to start projects with neighbour

March 11, 2008
Asia Property Report

by Robert Carry

Thai Prime Minister Samak Sundaravej has announced that his Government is to initiate a series of ´productive bilateral cooperations´ which will see the two nations implementing a series of projects on energy, infrastructure and business.

The pledge came after the PM´s visit to Cambodia, during which he met with the country´s leader Hun Sen. Samak said Thailand´s assistance to Cambodia would be of benefit to both countries, particularly the highway 68 construction project, which is set to receive a budget on top of the Bt1.4 billion (US$43.7 million) already earmarked for the road.

The highway is set to link Thailand´s Surin province to Cambodia´s Siem Riep, and seen as an opportunity to boost tourism in both regions. According to the Thai premier, other projects set to be kicked off include a coal-fired power plant on Cambodia´s Koh Kong. Samak also revealed that discussions were held on what to do about border demarcation on overlapping zones, an issue he believed could be turned into a ´win-win situation´ by developing the disputed regions as tourist attractions.

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