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p. 18 of 46 BACK | NEXT Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes Strategic Priorities Crosscutting Strategic Themes Regional Perspectives East and Central Asia Mekong Cambodia Lao People's Republic Myanmar Thailand Viet Nam The Pacific South Asia Southeast Asia

Annual Report 2003 : Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes : Mekong

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Thailand

Strategy and Policy Dialogue.
With economic recovery under way, Thailand has emerged as a supporter of regional economic development and has been providing financial and technical resources to its neighboring countries and to other DMCs such as Afghanistan, Sri Lanka, and Timor-Leste through several bilateral and subregional initiatives. Thailand and ADB have strengthened their relationship in technical cooperation, knowledge sharing and dissemination, and cofinancing of regional integration projects.

While Thailand did not avail of ADB’s public sector loans, the lending window remained open. At the same time, private sector operations remained active, particularly in energy, and other private sector initiatives were at various stages of development. A proposal for a local currency bond issue was under government consideration. ADB provided advice for developing regional bond markets and continued to provide technical assistance to several sectors, including governance reform covering such institutions as the National Counter Corruption Commission, the Office of Administrative Courts, and the Anti- Money Laundering Office.

ADB prepared for the establishment of a resident mission in Thailand to forge closer cooperation with the country and to help serve the region better.

Loans and Technical Assistance.
One private sector loan of $40 million was approved for the construction, ownership, and operation of a 1,434-megawatt coalfired power plant in Map Ta Phut in Rayong Province. Two technical assistance projects totaling $210,000 were approved.

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