GDP hit for Thailand’s flagship EEC project- Thai Examiner

The Eastern Economic Corridor (EEC) is a project conceived and launched by a law pushed by the junta government from 2016 to 2018. It is part of the wider Thailand 4.0 vision to develop Thailand into an added value, high tech and high-income country over the next fifteen to twenty years. This week, Prime Minister Prayut Chan ocha chaired a review by the agency tasked with oversight of the project as the government is expected to persevere with infrastructural investments and tax incentives for the scheme which is supported by both the World Bank and the International Monetary Fund (IMF). 

The man directing Thailand’s flagship Eastern Economic Corridor (EEC) investment initiative did not pull punches this week as he referred to the economic challenges facing the kingdom and the setbacks suffered by the three provinces at the centre of the initiative which, over the last few…