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Monday, May 6, 2024

EEC ID system set to transform foreign investment landscape

Photo courtesy of Pattaya Mail

The Eastern Economic Corridor Office (EECO) unveiled plans for the introduction of the EEC ID system by September’s end.

This innovative system, aimed at streamlining administrative processes for foreign investors and workers across the 35 promoted zones in Chachoengsao, Chon Buri, and Rayong provinces, promises to be a game-changer.

Korkij Danchaivichit, EECO Deputy Secretary-General, projects a substantial uptake, with an estimated 5,000 individuals expected to embrace the EEC ID platform. This cutting-edge system will offer both physical cards and digital IDs tailored for seamless usage within the designated economic zones.

The move comes hot on the heels of the recent rollout of the EEC visa, a strategic visa initiative designed to attract foreign investors and bolster economic growth within the region. Offering a 10-year visa, simplified work…

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