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Thursday, May 2, 2024

French firms eye big ticket investment in Thailand’s EEC

Chula Sukmanop (second from right) visiting the Paris Airshow, Image courtesy of Bangkok Post

In a bid to fortify its economy, the Thai government is extending an invitation to French corporations to make significant investments in the Eastern Economic Corridor (EEC). Identified as an ideal zone for the development of a high-tech industrial park, the EEC comprises sections of Chachoengsao, Chon Buri, and Rayong.

The authorities have identified aviation alongside 11 other S-curve industries as prime investment opportunities within the economic corridor. Chula Sukmanop, the secretary-general of the EEC Office, revealed…

“EEC officials met executives from French companies and they are interested in investing in the corridor.”

Several corporations, particularly those engaged in the aerospace and defence industries, have signalled their intent to dive into these investment…

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