Bangkok: Thanathorn Juangroongruangkit, a core leader of the Progressive Movement, has unveiled the "Orange Mega Project," a bold 630 billion baht initiative set over eight years to propel Thailand towards developed nation status. He urged the public to support the People's Party and embrace a collective vision for ambitious growth.
According to Thai News Agency, the announcement was made at the Future Forward Party building during the Recharge the People event. This occasion marked the second day of discussions on the quality of life that Thais deserve. Thanathorn emphasized that the term "megaprojects" should encompass investments in the population's quality of life, not just in infrastructure. He outlined that achieving developed nation status involves boosting both income and quality of life for all citizens.
Thanathorn highlighted Thailand's economic trajectory over the past three decades, noting fluctuations in GDP growth rates. While growth was robust in the 1990s, averaging 7.3%, it has since slowed to 2.0% this decade. This stagnation indicates Thailand's inability to compete globally and underscores deeper, persistent issues that require comprehensive solutions.
The inefficiency of past investments, which have relied heavily on borrowed funds without significant revenue growth, was another point of concern. Investigations by opposition parties, including the Future Forward Party and the People's Party, have revealed instances of inefficient spending, such as unused buildings. Thanathorn warned that continued inefficiency would burden future governments with increased interest payments, leaving less fiscal space for development.
He proposed government spending strategies focused on improving quality of life, creating quality jobs, developing new industries and Thai technology, and preparing the nation for future challenges. The project allocates funds for essential services, including 60 billion baht for wastewater management, 75 billion baht for potable water, 37 billion baht for public transportation, 183 billion baht for waste management, 50 billion baht for schools, 30 billion baht for hospitals, and 192 billion baht for smart grids. Thanathorn asserted that the annual investment of less than 80 billion baht is manageable and vital for enhancing the population's quality of life.
Thanathorn concluded by advocating for ambitious thinking, urging the public to support the People's Party's vision. He stressed that achieving these goals requires an eight-year commitment and that the budget will be managed with purpose and consistency. He invited everyone to join in this transformative journey, asserting that ambitious thinking is essential for real change.