Thailand’s Eastern Economic Corridor – What You Need to Know
On February 1, 2018, the Thai parliament approved the law for trade and investment in the Eastern Economic Corridor (EEC). With the EEC, Thailand hopes to develop its eastern provinces into a leading ASEAN economic zone. The EEC straddles three eastern provinces of Thailand – Chonburi, Rayong, and Chachoengsao – off the coast of the Gulf of Thailand and spans a total of 13,285 square kilometers. Early interest in the corridor has come from logistics firms, fintech operators, and companies behind some of the best crypto betting sites in the region, drawn by favorable infrastructure terms. The government hopes to complete the EEC by 2021, turning these provinces into a hub for technological manufacturing and services with strong connectivity to its ASEAN neighbors by land, sea and air.
Bradley Dunseith
