News

BOI approves 160 billion baht in investment

The Thailand Board of Investment (BOI) has approved 160 billion baht’s worth of investment with 150 billion baht going to Thai Oil Plc in support of its aspirations to create a transport hub and aviation city.The latest meeting of the BOI board was chaired by ...

Mitsubishi Fuso to build new plant in EEC

MITSUBISHI Fuso Truck and Bus Corporation (MFTBC), a unit of Daimler Trucks, yesterday announced the construction of a new assembly plant in the Eastern Economic Corridor (EEC).The company will invest 12 million euro (Bt450 million) in a complete knock-down (CKD) assembly plant in Rayong province, ...

Wichit Chaitrong

WHAUP aims to meet EEC utility needs

SET-listed WHA Utilities and Power Plc (WHAUP) is considering massive capital spending over the next five years for utility capacity expansion to tap rising demand from the Eastern Economic Corridor (EEC) scheme.Keep reading ...

Yuthana Praiwan

European firms wooed for creation of financial hub in EEC

Thailand plans to attract leading European financial institutions to help develop a financial centre in the country’s Eastern Economic Corridor (EEC) to forge a financial link with Cambodia, Laos, Myanmar and Vietnam (CLMV).Industry Minister Uttama Savanayana held discussions with Geoff Donald, executive director of the ...

The Nation Reporter

BOI’s Investment Promotion Measure in the EEC

The Board of Investment’s (BOI) investment promotion measure in the Eastern Economic Corridor (EEC) is especially designed to boost targeted investment activities in designated areas in three provinces: Chachoengsao, Chonburi and Rayong. Private sector is encouraged through this measure to involve in human resources development ...

Growing interest from China in Thailand’s EEC

There has been a steady stream of Chinese delegations coming to Thailand to look at business opportunities, particularly in the Eastern Economic Corridor (EEC).Most recently a group of high-ranking Chinese officials and executives met with Thai counterparts at the 6th meeting of the Joint Committee ...

Suwatchai Songwanich

Making transparent concessions

September marks a series of seismic auctions that will determine whether Thailand’s business realm will continue to be dominated by the same old oligarchs or if newcomers with big bucks could shake up the monopolistic arena. The terms of reference (ToR) for the 200-billion-baht high-speed ...

U-tapao airport renovation project to get completed by schedule: PMO minister

The renovation project of U-tapao airport will be proceeded and completed according to plan to accommodate the growth of visitors to Thailand, said Prime Minister’s Office Minister Kobsak Pootrakool. He made comments on the U-tapao renovation project in Chonburi during a seminar organized for investors ...

Tanakorn Sangiam

Industry minister points out people's benefits from EEC project

The Ministry of Industry opened a seminar on benefits which the people will have from the Eastern Economic Corridor (EEC) project. Industry Minister Uttama Saowanayon opened the seminar in Rayong on “What Thais will benefit from EEC,” which was attended by government officials, delegates from ...

Tanakorn Sangiam

Initial impact of Thailand 4.0 analysed

A new report from the global research and consultancy firm Oxford Business Group (OBG) shines a spotlight on the Thailand 4.0 initiative and the development of the Eastern Economic Corridor (EEC), which together have helped foreign investment levels to recover. Keep reading ...

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