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The Eastern Economic Corridor (EEC) continues to attract more investors. Last year, the EEC generated over 100 billion baht from outside investment.

Due to global weak demand and ongoing trade tensions, State investment in big-ticket infrastructure projects and the government's Eastern Economic Corridor (EEC) flagship appears to be one of the few lifelines that Thailand can bank on to maintain economic growth momentum in 2020.

The Board of Investment of Thailand (BOI) has approved measures to promote investment in the Eastern Economic Corridor (EEC) by expanding the number of target industries and increasing corporate income tax benefits.

Commercial 5G wireless broadband service will be launched at Suvarnabhumi and Don Mueang airports by May 2020 as the first sites for ultra-fast wireless internet adoption in the country.

Thailand’s Ministry of Industry plans to launch a digital platform and big data system to facilitate the industrial sector and smooth the government’s ease of doing business next year.

Thailand will build a high-speed rail linking the country’s three airports, the spine of an infrastructure scheme set to transform the southern coast into a tech hub.

Thailand’s Commerce Ministry has said it is ready to revise long-delayed free trade agreement (FTA) negotiations with the European Union (EU) and has scheduled public hearings nationwide before proceeding with proposals of the talks for cabinet approval by November.

The Thai government plans to allocate 17 billion baht (560 million USD) for the development of the Eastern Economic Corridor (EEC) in fiscal 2020, according toKobsak Pootrakool, deputy secretary-general to Prime Minister General Prayut Chan-o-cha.

The Thai Government has ordered the Board of Investment (BoI) to devise a relocation package for foreign investors wishing to shift from China to Thailand as a result of the US-China trade dispute.

Thai Prime Minister Prayut Chan-ocha has pledged to lead the country on the path of progress with rule of law, without leaving anyone behind.

The Parliament of Thailand on July 25 began a two-day meeting, during which Prime Minister Prayut Chan-o-cha delivered a policy statement of the new Government.

The Thai government is striving to make the country a regional aviation hub, and the industry continues to grow by 10 percent a year, said new Transport Minister of Thailand Saksayam Chidchob.

The new government of Thailand should invest heavily in developing the country’s manpower to make it survive in the fast-moving digital economy, President of Thailand Development and Research Institute (TDRI) Somkiat Tangkitvanich has said.

The National Economic and Social Development Council (NESDC) plans to propose developing a Southern economic corridor (SEC) to the new government in a similar scenario to the ongoing Eastern economic corridor (EEC) scheme.

Investments to the Eastern Economic Corridor (EEC) in Thailand expanded 15.85 percent to 195.69 billion baht (6.4 billion USD), according to the Ministry of Industry’s Department of Industrial Works (DIW).

Thailand’s Prime Minister Prayut Chan-o-Cha assured his Japanese counterpart Shinzo Abe that the national political situation has stabilised and Thai-Japanese collaboration efforts will continue uninterrupted.

Thailand’s cabinet on May 28 approved a draft contract worth 225 billion baht (7.07 billion USD) to build a high-speed rail connecting the country’s three major airports of Don Mueang, Suvarnabhumi and U-Tapao.

Thailand is pushing ahead with the construction of high-speed rail that links three major airports in the country.

The Thai Eastern Economic Corridor (EEC) Office is scheduled to sign a Memorandum of Understanding (MoU) with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects next week, according to Thailand’s media.

The smart city initiative in the framework of the Eastern Economic Corridor (EEC) is likely to be the second development project in Thailand with the participation of China and Japan, following a high-speed rail network project.