Thailand’s Eastern Economic Corridor (EEC) has a new investment target of 500 billion baht over 5 years. The Laem Chabang deep seaport is undergoing a 30 billion baht expansion.
Thailand’s Eastern Economic Corridor (EEC) sets new investment target
Thailand’s Eastern Economic Corridor (EEC) has announced a new investment target of 500 billion baht (US$13.7 billion) over the next five years. The EEC, which straddles three eastern provinces of Thailand – Chonburi, Rayong, and Chachoengsao – off the Gulf of Thailand coast and spans 13,285 square kilometers, aims to develop its eastern provinces into a leading ASEAN economic zone. The Thai parliament approved the law for trade and investment in the EEC on February 1, 2018.
EEC as the centerpiece of Thailand’s economic growth
The Laem Chabang deep seaport, located in the EEC, began its Phase 3 expansion in 2023. Valued at 30…
