News

Investments in EEC expected to help economy grow 5 per cent

The Eastern Economic Corridor (EEC) is estimated to attract investment of Bt300 to Bt400 billion per year, which would help the country’s gross domestic product (GDP) reach the goal of 5 per cent growth, Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor Policy Committee, said ...

The Nation Reporter

Govt refloats national shipping line plan

The Port Authority of Thailand (PAT) will conduct a feasibility study into setting up a “National Maritime Navigation Line”, Transport Minister Saksayam Chidchob said on Saturday.The shipping line, which would be created as an affiliate of the PAT, would boost infrastructure deployment for the government’s ...

Bangkok Post Reporter

Transport Ministry to spend THB7.2bn on EEC road network

The Transport Ministry will spend over THB7.2 billion on building a new road network in the Eastern Economic Corridor (EEC) next year.About THB211.61 has been allocated to the Transport Ministry in the draft budget for fiscal year 2022, said Transport Minister Saksayam Chidchob. The draft ...

The Nation Reporter

Thai communities grapple with pollution in economic corridor

“They are burning and smelting electronic stuff again,” says Sarawut Phoomnok, as he walks down a narrow dirt path through a cassava field. The sun is setting, and Sarawut’s eyes are fixed on a billowing smokestack rising above a factory a few hundred metres away. ...

Govt targets B300 bn investments in eastern corridor this year

The government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic.The amount would be a ...

Thai embassies in 30 nations urged to woo investors for EEC

The Eastern Economic Corridor (EEC) Office of Thailand has recently called on Thai embassies in 30 countries to approach foreign firms to invest in the EEC, the office’s secretary-general Kanit Sangsubhan said.He said the EEC’s main targets are firms in technology, logistics, medical and health ...

The Nation Reporter

FTI says contagion an opportunity to push EEC

The government should take advantage of the coronavirus crisis to attract investment in the Eastern Economic Corridor (EEC) and make Thailand a standout among neighbouring countries as the most preferable investment destination, says the Federation of Thai Industries (FTI).“Thailand needs to start stimulating investment now, ...

Lamonphet Apisitniran

Investment in EEC drops more than 18%

The number of firms registering in the Eastern Economic Corridor (EEC) from January-May this year dropped 13.35 per cent year on year to 2,731, Department of Business Development director general Vuttikrai Leewiraphan announced today.Their total registered capital was Bt6.790 billion, down 18.32 per cent year ...

The Nation Reporter

Tourism, FDI to revive EEC property view

The Eastern Economic Corridor (EEC), the government’s flagship infrastructure project, and a tourism recovery following the pandemic will be the key factors for the property market in the three eastern provinces, according to developers.Meesak Chunharuckchot, president of the Chonburi Real Estate Association, said many foreign ...

Bangkok Post Reporter

Thailand to build desalination plant to serve industrial production

The Industrial Estate Authority of Thailand (IEAT) is planning to invest in a water desalination plant to supply the Eastern Economic Corridor (EEC) in response to ongoing and future droughts.The plant, capable of desalinating 300,000 cubic metres of seawater per day, will be set up ...

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