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Thailand urges cooperation of CLMVT countries

Cambodia, Laos, Myanmar, Vietnam and Thailand should build a joint master plan for connectivity and key infrastructure to raise the region’s competitiveness, said Thai Deputy PM Somkid Jatuspritak.
Thailand urges cooperation of CLMVT countries ảnh 1Deputy Prime Minister of Thailand Somkid Jatuspritak. (Photo: VNA)

Bangkok (VNA) - Cambodia, Laos, Myanmar, Vietnam and Thailand(CLMVT) should build a joint master plan for connectivity and keyinfrastructure to raise the region’s competitiveness, said Deputy PrimeMinister of Thailand Somkid Jatuspritak.

Thai media quoted the Deputy PM’s statement as saying at a seminarentitled "CLMVT - New Economic Drivers of Asia" held recently inBangkok.

According to Somkid, with a combined population of 230 million peopleand an average economic growth of 6 - 8 percent, the countries are drawinginvestment from China, India, the Republic of Korea, Japan, the United Statesand the European Union.

Foreign investors could also see Thailand, particularly the country’sEastern Economic Corridor, as a gateway to CLMV, he said, encouragingCLMV-based companies to list on the stock market to increase investment capitalfor many projects.-VNA 

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