Environmental Impact Evaluation Using Cost Benefit Analysis and Multi Criterion Analysis: A Case Study of Rayong Province, Thailand

Abstract

Rayong Province is a major industrial area in Thailand. For more than 30 years this province has served the demand of Thailand’s petro-chemical industries, mainly in the Map Ta Phut industrial zone. However, the industrialization of the area has resulted in many serious environmental and health problems, causing distrust and protests from the local people, and a subsequent delay in the expansion of the capacity of the industrial sector. To solve this problem, the government must find a way to expand the industrial sector that satisfies all stakeholders. Thus, focus stakeholder group meetings and the Delphi technique are utilized to form possible alternatives of investment in expanding factories. Several economic indicators including the net present value provided from a cost benefit analysis were then analyzed via the Multi Criterion Analysis (MCA) technique to indicate the best way to develop the industrial area. This study found that the best alternative is to allow the expansion of industrial capacity without exceeding acceptable levels of pollution, requiring comprehensive town planning, the implementation of existing laws and particular measures, and the consideration of the Eco-industry concept.



Author Information
Nattanin Ueasin, Khon Kaen University, Thailand

Paper Information
Conference: ACSEE2013
Stream: Sustainability

This paper is part of the ACSEE2013 Conference Proceedings (View)
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