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Monday, April 29, 2024

On the fast lane to a hi-tech economy

A man observes the Laem Chabang deep-sea port in Chon Buri’s Sri Racha district, which is part of the EEC development project. (Photo: Pattarapong Chatpattarasill)

The government remains committed to the Eastern Economic Corridor (EEC), firmly believing investment value in the corridor will reach at least 300 billion baht this year as expected.

According to Kanit Sangsubhan, secretary-general to the EEC Office, private investment is increasing this year, driven by global economic recovery and rising global trade.

“Actual investment was pretty low last year as investors were hesitant because of Covid-19 outbreaks,” said Mr Kanit. “Investors are now expected to ramp up investments this year.”

Last year, actual investment in the EEC totalled only 96 billion baht, making up 46% of total investment…

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