World

Thailand moves to attract investors

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.
Thailand moves to attract investors ảnh 1A 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 9approved the allocation of 165ha of land in the Eastern Airport City project tocreate a free-trade zone within the Eastern Economic Corridor (EEC), in a bidto attract investors and businessmen.

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

The area will also feature other activities and recreationfacilities to support 24-hour services, including five-star hotels, shoppingmalls, duty-free shops, Michelin-starred restaurants, exhibition and conventionhalls, and entertainment services, the PM said.

Airport City is located in the over 1,000ha economic zonefor aviation, one of the EEC’s seven zones approved by the cabinet in Marchthis year.

According to deputy government spokeswoman RachadaDhnadirek, the government has also offered tax perks to 24-hour entertainmentproviders and alcohol and cigarette distributors at Airport City, allowing themto be exempt from corporate income tax for a maximum of 15 years. The dividendsavailable from their ventures will also be exempt from corporate income tax./.
VNA
#Thai Government #Thailand #Eastern Airport City #Eastern Economic Corridor #Bangkok Post #vietnam #vietnam news agency #vietnamplus Thailand
Follow VietnamPlus

Related News

Thailand's economy forecast to grow by 2.7-3.5% in 2022

Thailand's economy forecast to grow by 2.7-3.5% in 2022

The Thai economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said.
Thailand to import shrimps from Ecuador, India

Thailand to import shrimps from Ecuador, India

Thailand will import over 10,500 tonnes of sea shrimps this year to ease a shortage at processing plants under a decision made on August 8 at the first meeting of the shrimp board with 21 members representing the Government as well as shrimp farmers and processors.

See more

The Tourism Authority of Thailand (TAT) promotes Thai culture and travel experiences at The Gypsy Travel Festival (TGTF) 2026 in Mumbai. (Photo: thailand.prd.go.th)

TAT showcases Thai culture at Mumbai travel festival

The effort was led by the TAT Mumbai Office and the ASEAN, South Asia, and South Pacific Market Division, under the direction of TAT Governor Thapanee Kiatphaibool, with support from Consul-General Donnawit Poolsawat and senior TAT executives. The festival was held last week at Jio World Drive and attracted a large audience from a high-spending travel segment.

Thailand: Bhumjaithai Party forms alliance with Pheu Thai

Thailand: Bhumjaithai Party forms alliance with Pheu Thai

Caretaker Prime Minister Anutin Charnvirakul emphasised that both parties share confidence in the capacity and experience of their personnel to steer Thailand towards long-term stability and sustainable development, adding that they had agreed to put aside past misunderstandings and differences in the national interest.

Malaysia seizes a record of nearly 20 million USD worth of methamphetamine (Photo: Bernama)

Malaysia busts largest-ever maritime drug trafficking ring

According to the MMEA, the operation took place on February 11 in waters off Pahang state, about 107 nautical miles northeast of Kuantan. Officers inspected the Thailand-flagged oil tanker Kamal Bangkok and discovered 76 sacks of methamphetamine that had been carefully concealed.

Laos moves to promotes sustainable coffee, tea farming

Laos moves to promotes sustainable coffee, tea farming

The coffee sector plays a vital role in Laos' socio-economic development. More than 80 domestic and foreign companies are currently investing in coffee production, processing and export, generating over 100 million USD in annual export value.

Department of National Defence (DND) Secretary Gilberto Teodoro Jr. (left) and Japanese Ambassador to the Philippines, Endo Kazuya (right), during the “ceremonial turnover” of five coastal surveillance radar systems to the country’s defence establishment on February 11. (Photo courtesy of the DND)

Japan hands over coastal surveillance radar to the Philippines

The equipment was provided under Japan’s Official Security Assistance (OSA) framework. The deal was finalised during the November 2023 visit to Manila by then Japanese Prime Minister Kishida Fumio, when the two sides exchanged notes for 600 million JPY (nearly 4 million USD) in OSA funding for the provision of coastal radar systems to the Philippine Navy.

Two Mahakam dolphins (Orcaella brevirostris) are seen swimming. (Photo: ANTARA)

Indonesia takes emergency solutions to save Mahakam dolphins

Based on the latest data as of early February, only 66 of these endemic Mahakam River mammals are estimated to remain in the wild. This situation has prompted Indonesian authorities to take concrete and decisive actions to prevent the species from slipping into extinction.

ASEAN boasts potential of world's battery

ASEAN boasts potential of world's battery

He stressed that the deployment of smart grids would demonstrate ASEAN’s collective commitment to climate mitigation and green initiatives, adding that the bloc has the potential to become a major energy provider, or “battery”, for the world.

Malaysia’s manufacturing sector expected to sustain growth into 2026

Malaysia’s manufacturing sector expected to sustain growth into 2026

RHB Investment Bank maintained an optimistic view on the sector’s prospects, forecasting IPI growth of 4.1% in 2026. Despite concerns over a global economic slowdown, higher tariffs and geopolitical volatility, industrial activity is expected to remain on a growth trajectory. For the whole of 2025, Malaysia’s IPI expanded by 3.6%, nearly matching the 3.7% increase recorded in 2024.