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연구정보

[경제] Thailand Urban Infrastructure Finance Assessment - Challenges and Opportunities

태국 국외연구자료 연구보고서 - World Bank 발간일 : 2023-09-01 등록일 : 2023-09-10 원문링크

Urbanization in Thailand has been uneven. Bangkok has been the focus of urbanization economic growth and urban investment. The urbanization of Bangkok and the surrounding region has been responsible for a great deal of Thailand's economic growth. As that growth has slowed it is time to consider what role secondary cities can play in continuing Thailand's growth trajectory and expanding the benefits in their regions. To play their part these cities must have access to capital for investment in the infrastructure on which economic growth and sustainability depend. Enabling secondary cities to take on a greater share of urban investment would benefit the nation as a whole. With an enabling policy environment these cities can attract private sector investment without a national guarantee. The municipalities are likely to need encouragement mentoring and support to step assertively into this role but the fundamentals are there They have a solid tax base and regular operating surpluses which provide a solid foundation Greater flexibility autonomy and accountability are necessary if municipalities are to develop their creditworthiness and borrowing capacity and thus attract the interest of investors and lenders without creating fiscal risk for national government The central government has its own fiscal challenges and these should not hold the cities back from raising their own capital. The authors suggest four main activities to support a paradigm shift in this report.

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