News

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 ...

SEZ interest pales next to EEC

Investment applications for 10 special economic zones (SEZs) remain low compared with those made for the flagship Eastern Economic Corridor (EEC), with the number of projects and investment value totalling 75 projects and 11 billion baht, respectively, from 2015 to April 1, 2020.According to the ...

Bangkok Post Reporter

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work in 10 key Eastern Economic Corridor industries, “so we must speedily produce such manpower and reduce losses from outdated teaching methods that no longer cater to the ...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

EEC panel OKs water management strategy

The Eastern Economic Corridor (EEC) Policy Committee on Friday approved water management plans for both the short and long terms to ensure sufficient water supply.Kanit Sangsubhan, secretary-general of the EEC Office, said the short-term plan covers three projects comprising water diversion from Khlong Sapan to ...

Chatrudee Theparat

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

Thailand leads in ASEAN with its smart cities

Thailand introduced the Eastern Economic Corridor (EEC) initiative to transform three Thai provinces into smart cities during the 2019 ASEAN Summit. This move has proved to be a successful one, one report notes.The EEC was established to create a centre for trade, investment, regional transportation, ...

Alita Sharon

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