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 of Thailand – Chonburi, Rayong, and Chachoengsao – spanning a total of 13,285 square kilometers. The government aims to complete the EEC by 2021 and turn it into a hub for technological manufacturing and services.

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Ayman Falak