Authorities aim to bolster Thai GDP by pushing ahead with a plan to generate 2.2 trillion baht worth of investment in five targeted industries in the Eastern Economic Corridor (EEC) by 2026.
Under a plan that started last year, Thais and foreigners will be encouraged to invest in medical and wellness, digital, electronics, automotive and bio-, circular and green (BCG) industries, said Chula Sukmanop, secretary-general of the EEC Office.
Declared as a national agenda item by the Prayut Chan-o-cha administration, BCG promotes technology that can add value to products while also minimising its impact on the environment.
“With these targeted industries, the EEC should help grow the Thai economy by 5% a year, or around 400 billion baht annually,” said Mr Chula.
The EEC, which covers…
