News
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
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
SEZ, EEC perks get cabinet nod
The cabinet on Tuesday approved additional tax measures to boost private investment in 10 special economic zones (SEZs) and the flagship Eastern Economic Corridor (EEC).Government spokeswoman Naruemon Pinyosinwat said one of the two measures is a reinstated corporate income tax of 10%, down from 20%. ...
Chatrudee Theparat
New Thai-Chinese Chamber of Commerce head outlines policies
The new President of the Thai-Chinese Chamber of Commerce, Narongsak Puttapornmongkol, is promoting a policy supporting joint investment, connecting the Belt and Road Initiative and the Eastern Economic Corridor (EEC). He has expressed confidence that Chinese investment in Thailand will grow, as the chamber is ...
Praphorn Praphornkul
State to set up SEZ supervisory
The government is establishing the Office of the Special Economic Development Zone to supervise all special economic zones (SEZs).Deputy Prime Minister Somkid Jatusripitak said the National Economic and Social Development Council has been assigned to study upgrading the Office of the Eastern Economic Corridor (EEC) ...
Chatrudee Teeparat
Committees, panel set up to regulate airport link project, power plants
The Eastern Economic Corridor Policy Committee on Friday (December 6) gave the nod to the establishment of a committee to regulate the high-speed train project linking three international airports.A second new committee will also be set up to manage the contract for this project, Kanit ...
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
Cabinet to adopt development guideline for Dawei SEZ link
The National Economic and Social Development Council (NESDC) will ask the cabinet to adopt its guidelines on infrastructure development on Tuesday, as the government seeks to start working on the long-awaited link that will connect the Dawei Special Economic Zone in Myanmar with Eastern Economic ...
Bangkok Post Reporter