Private sector groups to present reform ideas to NCPO
June 10, 2014 00:00 By Erich Parpart
Seven private organisations will present an economic "roadmap" made up of seven reform points to the National Council for Peace and Order (NCPO) by next week.
“The seven private organisations should be able to compile and conclude their reform plans before presenting these to the NCPO by next week,” Isara Vongkusolkij, chairman of the Thai Chamber of Commerce, said before the seven private groups met yesterday.
Kalin Sarasin, secretarygeneral of the Thai Chamber of Commerce and the Board of Trade, said the economic roadmap’s points were plans to increase national competitiveness, enhance public and private investment, promote education and innovation, lessen social and economic inequality, fix corruption, reform public regulations, and create a new economic structure.
Kalin said the seven groups had each offered to manage reform point in accordance with their expertise and would collaborate with other organisations if there were issues that required collaboration.
He said the plan to increase national competitiveness consisted mostly of prioritising and managing trade before and after various free trade agreements.
The Federation of Thai Industries also wanted to promote education in specialised vocational schools to help increase the competitiveness of workers.
Kalin said plans to reform the framework of public and private investment included reprioritising infrastructure projects and the promotion of an infrastructure fund to pay for the projects’ construction. This would include increased collaboration with the public sector in constructing the projects.
To increase the educational quality, the seven groups planned a “corporate unicity” so big corporations could help the educational sector, especially for vocational training.
Meanwhile, the Thai Bankers’ Association said it would set up a foundation to promote quality education in Thailand, he said, adding that the Association also wants to promote regional savings and financial education on pension funds.
Kalin said the Thai Chamber of Commerce had proposed upgrading the value of agricultural products, processed food, and renewable energy.
The Tourism Council of Thailand has proposed the promotion of trade and tourism in border areas.
The economic advisor of the NCPO, Somkid Jatusripitak, also attended yesterday’s meeting.
In relation to reforms in governance to combat corruption, Kalin said the seven private groups had collaborated with the AntiCorruption Network and would propose an eightpoint plan to tackle graft to the NCPO. This would also have an “integrity pact” with a plan to oversee state spending in large projects.
He said reform in public regulations would concentrate on tax reform and reform on work permit regulations to facilitate foreign businessmen and increase foreign investor confidence.
The plan to create a new economic structure would focus on energy reform and intervention from the government.