Thai government strengthens Eastern Economic Corridor development

According to the Thai News Agency (TNA) the Thai government is in the process of passing new laws and starting additional projects to support development of the kingdoms Eastern Economic Corridor (EEC) which is being hailed as an investment magnet.

Thailand’s Deputy Prime Minister Somkid Jatusripitak said that the countries EEC has been structured to especially attract investors from digital businesses as over recent years they have become a “mega trend.”

To accompany the expanding EEC the Thai government is investing heavily in supporting infrastructure including new railways, roads and ports as part of the governments Thailand 4.0 program.

Thai government strengthens Eastern Economic Corridor development

Speaking about the EEC Industry Minister Uttama Savanayana said that it would provide a large-scale production base for the manufacture of electric vehicles, robotics and processed foods.

By manufacturing such products here in the EEC it would save money not having to import products thus saving the Thai people money as well as creating more job opportunities.

Source : Bernama

Content : LovePattayaThailand

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