Pushing ‘Entertainment Complex’ to create new money and attract investment


Deputy Minister of Finance explains to the House of Representatives that the ‘Entertainment Complex’ project is being pushed forward with the hope of generating new money, attracting foreign investment, and creating jobs and careers in Thailand. He revealed that the project has been underway since the ‘Settha’ era.

The joint parliamentary meeting for the cabinet to announce the government’s policy to the parliament on the second day was chaired by Mr. Mongkol Surassajja, the vice president of the parliament. The morning debate was rather quiet because the meeting closed quite late last night, causing a few parliamentarians to attend the meeting. Most of them were members who had a debate scheduled in the morning. They came to prepare and give their speeches. As for the ministers who did not have other engagements, many came to listen to the debate and prepare to clarify questions from the opposition. The debate demanded that the government take care of various groups of people, including emphasizing the pro
motion of quality education. Meanwhile, the Prachachon Party MPs asked about the issue of increasing state income through policies to attract foreign investors and export goods abroad.

Mr. Paopum Rojanasakul, Deputy Minister of Finance, explained and confirmed that the digital wallet project is to promote a strong treasury. The distribution of money must occur in September. As for the manufacturing sector that has not yet recovered, the Ministry of Finance is supporting it with loans and low-interest loans through banks (soft loans), including a loan guarantee mechanism for SMEs so that banks can release loans. This mechanism is to support production while waiting for consumption to connect through the digital wallet project.

Mr. Pao Bhumi explained that what the government saw and did as DNA was to use new money. In the past, the government of Mr. Settha Thavisin, former Prime Minister, traveled abroad to attract foreign investors. Proposing an entertainment complex is therefore a new investment for foreig
ners to invest in Thailand, creating jobs and careers, including amending the law to attract financial institutions and securities to settle in Thailand as money outside the budget for the economy to grow rapidly.

‘Managing the country’s three debts, drawing new money into the country in addition to the budget. If you read and grasp the core idea, you will see where the government’s policies are heading,’ said Mr. Pao Bhum.

Source: Thai News Agency