Land
Thailand Issues New Incentives for EEC
In late December 2019, Thailand’s Board of Investment (BOI), the government agency responsible for foreign investment promotion, issued new incentives to attract investments in the country’s Eastern Economic Corridor (EEC).The EEC is a special development zone (SEZ) established in 2017 and straddles three eastern provinces ...
Ayman Falak
Thailand’s New Land and Building Tax Act
In March 2019, the Thai government introduced the new Land and Building Tax Act B.E. 2562, which has been in effect since January 1, 2020.The Act obligates individuals, corporate entities, or any beneficiaries of land or buildings, to pay land and building tax. The new ...
Ayman Falak Medina
Thailand leads in ASEAN with its smart cities
Thailand introduced the Eastern Economic Corridor (EEC) initiative to transform three Thai provinces into smart cities during the 2019 ASEAN Summit. This move has proved to be a successful one, one report notes.The EEC was established to create a centre for trade, investment, regional transportation, ...
Alita Sharon
SEZ, EEC perks get cabinet nod
The cabinet on Tuesday approved additional tax measures to boost private investment in 10 special economic zones (SEZs) and the flagship Eastern Economic Corridor (EEC).Government spokeswoman Naruemon Pinyosinwat said one of the two measures is a reinstated corporate income tax of 10%, down from 20%. ...
Chatrudee Theparat
Cabinet nods to plan for Bt18.7 bn economic zone in Songkhla
The Cabinet on Tuesday (January 21) approved the development plan of a special economic zone in Chana district of Songkhla province, costing Bt18.7 billion, said Deputy government spokesperson Ratchada Dhanadirek.The investment will cover building of a city, a deep sea port, water and land transportation ...
The Nation Reporter
Special economic zone eyed in South
The procurement of land for a special economic zone in the South will be proposed during a mobile cabinet meeting on Tuesday.Benjathip Choodum, Narathiwat’s director of strategic development and information, said the proposal for 12 projects in Pattani, Yala and Narathiwat will be presented to ...
Mongkol Bangprapa
Activists set up camp over land issues
Members of a land rights advocacy group on Monday set up camp near the Ministry of Natural Resources and Environment, calling on it to resolve land disputes between villagers and the state.The People’s Movement for a Just Society, or P-Move, also petitioned Natural Resources and ...
Apinya Wipatayotin
State to set up SEZ supervisory
The government is establishing the Office of the Special Economic Development Zone to supervise all special economic zones (SEZs).Deputy Prime Minister Somkid Jatusripitak said the National Economic and Social Development Council has been assigned to study upgrading the Office of the Eastern Economic Corridor (EEC) ...
Chatrudee Teeparat
Govt to expropriate 50,000 rai of land for infra developments
The government plans to expropriate up to 50,000 rai of mostly farm land for infrastructure development of the Eastern Economic Corridor and other parts of the country.The projects include a high-speed rail system linking three international airports and a double-track railway between the northern and ...
The Nation Reporter
Alro told to take action in land case
Activist Srisuwan Janya is urging the Agricultural Land Reform Office (Alro) to take legal action against 12 politicians who allegedly have no right to occupy Sor Por Kor land.The Association for the Protection of the Thai Constitution secretary-general on Friday filed a petition with Alro ...
Bangkok Post Reporter