Land

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 ...

Public hearings on an industrial mega project in the southern province of Songkhla have been postponed after locals and activists – led by a 17-year-old – warned that a nationwide coronavirus lockdown could see the plans approved with little scrutiny.The hearings for a Special Economic ...

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 ...

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 ...

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 ...

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 ...

In March 2019, the Thai government introduced the new Land and Building Tax Act B.E. 2562, which has been in effect since January 1, 2020.The Act obligates individuals, corporate entities, or any beneficiaries of land or buildings, to pay land and building tax. The new ...

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, ...

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%. ...

The Cabinet on Tuesday (January 21) approved the development plan of a special economic zone in Chana district of Songkhla province, costing Bt18.7 billion, said Deputy government spokesperson Ratchada Dhanadirek.The investment will cover building of a city, a deep sea port, water and land transportation ...