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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 ...

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 ...

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 ...

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work in 10 key Eastern Economic Corridor industries, “so we must speedily produce such manpower and reduce losses from outdated teaching methods that no longer cater to the ...

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 ...

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, ...

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 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%. ...