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 ...

Demand Driven’ educational concept comes to aid of EEC industries in need of vocational skills

Top official says more than 470,000 new workers will be needed in the next five years to work in 10 key Eastern Economic Corridor industries, “so we must speedily produce such manpower and reduce losses from outdated teaching methods that no longer cater to the ...

Chularat Saengpassa

Dry factories sound the alarm in EEC

The government is warning that water reserves for the Eastern Economic Corridor (EEC) are only sufficient until June unless the state finds additional sources to avoid a shortage.There are only 35 million cubic metres of water left to feed the industrial sector in Rayong, Chon ...

Lamonphet Apisitniran

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

Amid drought, EEC can’t be left parched

PTT Group executives met with Deputy Prime Minister Somkid Jatusripitak on Wednesday (February 12) to discuss the chronic drought’s likely effects on business, especially in the Eastern Economic Corridor (EEC).PTT president and chief executive Chansin Treenuchagron said an aqueduct system is in place to supply ...

The Nation Reporter

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

MoU signed with major universities to train staff for EEC businesses

Energy Absolute (EA) business group today (November 29) signed a memorandum of understanding (MoU) with ten educational institutes and Double P Land to develop human resources to serve its business expansion in the Eastern Economic Corridor (EEC).EA deputy chief executive officer Amorn Sapthaweekul said that ...

The Nation Reporter

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