Nation Thailand
EECO lays out four priorities for Thailand’s investment race
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Thailand must secure industry-specific land, reliable water and electricity, an industry-ready workforce and predictable regulations if it is to attract global capital and modernise its industrial base, according to the Eastern Economic Corridor Offi
Key facts
- Chula Sukmanop, secretary-general of the EECO, identified the four factors as the main pillars of Thailand’s investment strategy during the KT Dialogue New Horizon: Thailand Investment Playbook seminar.
- Around 20 additional investment-promotion zones have been approved over the past two years, with many designed to accommodate green industries and green-logistics businesses.
- Although EEC legislation covers 12 targeted industries, the EEC Office has grouped them into five broader clusters to manage their supply chains more effectively
- SRT seeks one-year Airport Rail Link deal with CP ahead of September 7 talks
Summary
Chula Sukmanop, secretary-general of the EECO, identified the four factors as the main pillars of Thailand’s investment strategy during the KT Dialogue New Horizon: Thailand Investment Playbook seminar.
He described the current state of Thai industry as highly concerning, saying the sector was undergoing a transition towards new forms of economic activity that were more technologically advanced, sustainable and environmentally responsible.