Highway 12 growth completed, boosting Thailand-Myanmar-Laos financial ties

The completion of Highway 12’s growth, which connects Thailand with Myanmar, and Laos, is anticipated to considerably improve cross-border financial activities among the many three nations.
Smuggled announced that Prime Minister Prayut Chan-o-cha is optimistic in regards to the economic advantages the highway will deliver, significantly to the residents of Kalasin and Mukdahan in northeast Thailand. Highway 12 varieties a part of the East-West Economic Corridor (EWEC), a route that connects 4 mainland Southeast Asian nations, stretching from Myanmar in the west to Vietnam within the east.
The Thai government believes that the finished highway will present a considerable boost to logistics, commerce, and tourism, as it successfully links the Andaman coast to the South China Sea. Approximately 793 kilometres of the 1,530-kilometre-long highway is located in Thailand. The Thai part of the freeway begins at the Second Thai-Myanmar Friendship Bridge in Tak’s Mae Sot district and passes via Sukhothai, Phitsanulok, Phetchabun, Chaiyaphum, Khon Kaen, Kalasin, and Mukdahan, where it connects to Laos on the province’s Thai-Lao Friendship Bridge.
The just lately upgraded 115.6-kilometre stretch between Kalasin and Mukdahan is now a four-lane highway, costing the federal government 5.8 billion baht.
Anucha highlighted that Highway 12 is anticipated to stimulate regional tourism and enhance the quality of life for those residing along the border. The Finance Ministry has projected that the East-West Economic Corridor will improve transborder trade by no less than 50%, reported Bangkok Post..

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