New law for Southern economy, no SEC Bill

Prachachat•Politics•6d ago

Reader Briefing

Government Whip clarifies SEC Bill will not be used, new legislation to boost Southern economy is being drafted.

•The government will not proceed with the Special Economic Zone (SEC) Draft Bill.
•A new law is being developed to specifically promote economic development in the Southern region.
•The Land Bridge project and the SEC Draft Bill are distinct initiatives.
•The Cabinet has not endorsed the SEC Draft Bill for resubmission to Parliament.

Overview

•The Government Whip stated that the Cabinet did not resubmit the 'SEC Draft Bill' to Parliament.
•The Government Whip clarified that a new law is being prepared to foster economic development in the Southern region.
•The Bhumjaithai Party had previously proposed the Special Economic Zone (SEC) Draft Bill in the past parliamentary session.
•There was miscommunication and criticism targeting the Bhumjaithai Party regarding the SEC bill, leading to public misunderstanding.
•The Bhumjaithai Party believes that the potential of Southern border provinces can lead to significant economic growth if supported by the government.
•The Government Whip emphasized that the Land Bridge project and the SEC Draft Bill are entirely separate issues.
•The Bhumjaithai Party will consider proposing a new law aimed at promoting economic opportunities in the South.
•The resubmission of the SEC Draft Bill to the Cabinet for further consideration remains within the Cabinet's purview.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Quotes

กรวีร์ ปริศนานันทกุล

"The Land Bridge project and the SEC Draft Bill are two separate matters. As the Cabinet has not confirmed the SEC Draft Bill back, the Bhumjaithai Party will consider proposing a new law related to promoting economic opportunities for the South to be submitted to the Parliament again."

โครงการแลนด์บริดจ์ และร่าง พ.ร.บ. SEC เป็นคนละเรื่องกัน และเมื่อคณะรัฐมนตรีไม่ได้ยืนยันร่าง พ.ร.บ. SEC กลับมา ซึ่งพรรคภูมิใจไทย จะมีการพิจารณาเสนอกฎหมายใหม่ ซึ่งเกี่ยวข้องกับการส่งเสริมสนับสนุนการสร้างโอกาสทางเศรษฐกิจให้กับภาคใต้ เพื่อยื่นสู่สภาอีกครั้ง

Key Entities

Person

Karavi Putsananthakul(กรวีร์ ปริศนานันทกุล)

Government Whip and Chairman of the Government Coalition Coordination Committee.

Mr. Ekanit Nitithanprapa(นายเอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance, tasked with studying the Land Bridge project for 90 days.

Deputy Prime Minister and Minister of Finance(รองนายกรัฐมนตรีและรัฐมนตรีว่าการกระทรวงการคลัง)

Official title of Mr. Ekanit Nitithanprapa, responsible for studying the Land Bridge project.

Bhumi Jai Thai Party MPs from the South(สส.ภาคใต้ของพรรคภูมิใจไทย)

Members of Parliament from the Bhumjaithai Party representing Southern constituencies.

Organization

Bhumjaithai Party(พรรคภูมิใจไทย)ℹ️

Political party that proposed the SEC Draft Bill.

Cabinet(คณะรัฐมนตรี)ℹ️

The executive body of the Thai government responsible for approving legislation.

Law

Special Economic Zone (SEC) Draft Bill(ร่างพระราชบัญญัติ (พ.ร.บ.) ระเบียงเขตเศรษฐกิจพิเศษภาคใต้ (SEC))

A proposed draft law to develop special economic zones in the Southern region of Thailand, which will not be used.

Place

Eastern Economic Corridor (EEC)(เขตเศรษฐกิจพิเศษภาคตะวันออก)ℹ️

An existing economic zone in Thailand, used as a benchmark for potential growth in the South.