Thailand moves to attract investors | World

A map shows the area allocated for the Eastern Economic Corridor for aviation (EECa), highlighted in yellow. (Source: Bangkok Post)

Bangkok (VNA) – The Thai Government on August 9
approved the allocation of 165ha of land in the Eastern Airport City project to
create a free-trade zone within the Eastern Economic Corridor (EEC), in a bid
to attract investors and businessmen.

As reported by the Bangkok Post, speaking after a weekly
cabinet meeting, Thai Prime Minister Prayut Chan-o-cha said the free-trade zone
will not be restricted by large numbers of laws and regulations, with waivers
on customs tariffs and other import measures on offer.

The area will also feature other activities and recreation
facilities to support 24-hour services, including five-star hotels, shopping
malls, duty-free shops, Michelin-starred restaurants, exhibition and convention
halls, and entertainment…