map-ta-phut

Court rejects appeals of 16 Map Ta Phut projects

By k on May 4, 2010

BANGKOK, 4 May 2010 (NNT) – The Central Administrative Court has resolved to turn down the appeals of the operators of 16 Map Ta Phut industrial projects, which were previously suspended by the court’s injunction. On 22 January 2010, the court rejected a request for assistance filed by operators of a total of 30 suspended [...]

GDP growth likely hit by Map Ta Phut impasse

By k on April 1, 2010

BANGKOK, 1 April 2010 (NNT) – The country’s gross domestic product could be lowered by 1.3%, resulting in a loss of 58 billion THB in value due to the protracted Map Ta Phut deadlock, according to a recent projection by the National Institute of Development Administration (NIDA). Speaking at a NIDA seminar on Thursday, Mr [...]

4 Map Ta Phut projects resume work

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) – The Office of Natural Resources and Environmental Policy and Planning (ONEP) has resolved to permit the construction of four more Map Ta Phut industrial projects, previously suspended by the court’s injunction. Mr Sorayud Petchtrakul, Assistant to the Industry Minister and Chairman of committee in charge of seeking solutions to [...]

BoT urges Govt to expedite assistance for Map Ta Phut

By k on January 11, 2010

BANGKOK, 11 January 2010 (NNT) – The Bank of Thailand (BoT) suggested that the government should urgently compensate the 65 suspended projects in the Map Ta Phut industrial estate. BoT Senior Director for Domestic Economy Department, Suchart Sakkankosone, said most of the projects, currently non-performing, had already received loans from financial institutions with affixed transaction [...]

JETRO concerned about Map Ta Phut project suspension

By k on January 6, 2010

BANGKOK, Jan 6 (TNA) – The Japan External Trade Organization (JETRO) is concerned about impasse in Thailand’s largest industrial estate, Map Ta Phut in Rayong, saying the government’s timeframe to settle the problem within four to five months is too long for investors to wait, Industry Minister Charnchai Chairungruang said on Wednesday. After meeting Munenori [...]

Court nods for 11 Map Ta Phut projects, 65 others suspended

By k on December 2, 2009

BANGKOK, 2 December 2009 (NNT) – The Supreme Administrative Court has resolved to permit the operations of 11 out of 76 Map Ta Phut industrial projects previously suspended by the court’s injunction. According to the court’s ruling, the operations of the remaining 65 projects are still suspended in compliance with the Administrative Court’s order in [...]

Four-party panel to visit Map Ta Phut estate on 5-7 Dec

By k on November 29, 2009

RAYONG, 29 November 2009 (NNT) – A four-party committee in charge of resolving the problems surrounding the Map Ta Phut industrial estate will visit the eastern province of Rayong next week. Rayong governor, Sayumporn Limthai stated that the newly-appointed four-party committee chaired by Former Prime Minister Anand Panyarachun is scheduled to travel to the Map [...]

BoT concerned halting of 76 projects in Map Ta Phut to derail economic recovery

By k on October 5, 2009

BANGKOK, 5 October 2009 (NNT) – The Bank of Thailand (BoT) has expressed concern over Administrative Court rulings to suspend 76 projects in the Map Ta Phut industrial estate for fear it will stagnate the recovery of the Thai economy. Assistant BoT Governor Paiboon Kittisrikangwan admitted today that court injunctions for 76 Map Ta Phut [...]