Source: Government Of Thailand
Headline: Enhancing the Ease of Doing Business through Anti-Corruption Efforts
The Thai government has created an atmosphere favorable to investment through an emphasis on the fight against corruption and by showing its seriousness concerning zero tolerance toward corruption.
Prime Minister General Prayut Chan-o-cha said that over the past two years, the Government has made efforts to amend and draft a number of laws in a bid to eliminate hurdles and improve the public sectors services for ease of doing business. These efforts are also intended to ensure transparency, fairness, and good governance and to promote an investment-friendly atmosphere.
The Government has introduced the Integrity Pact (IP) between the public and private sectors to ensure that the procurement of materials for projects is carried out with transparency, in fairness, and without corruption.
Moreover, it has mandated construction sector transparency (CoST) in large government projects to improve the value of money spent on public infrastructure. The Government procurement process has also been rectified, with the application of the electronic market and electronic bidding to improve the procurement system and prevent rigging.
Speaking after the Cabinet meeting on 9 May 2017, the Prime Minister revealed that in order to resolve bid rigging, he had ordered the Comptroller General’s Department, under the Ministry of Finance, to revise median prices in order to enhance efficiency in budget spending.
The Prime Minister also instructed the Ministry of Finance to coordinate with anti-corruption organizations in blacklisting companies that abandon work in a bid to prevent them from participating in any future bidding.
In another effort to ensure transparency and good governance, the Government also attached great importance to the disclosure of official information through the implementation of the Official Information Act, which helps create more trust between officials and the general public.