The Strategic Gateway to Asia- Eastern Economic Corridor (EEC) Thailand


Credits & Source: Royal Thai Embassy Website. This info is for educational purposes only

This section should give you an overview of :

>What is The Eastern Economic Corridor ( A Business Zone ) in Thailand for Fast-Growing Industries

>Why EEC is Ideal for your Business expansion

>What are the Target and Current Industries in Thailand EEC

>What are the Benefits of Starting Your Business In Thailand

Chachoengsao, Chonburi and Rayong Provinces have been designated for the development of the Eastern Economic Corridor (EEC), a pilot project for the economic development of Thailand’s Eastern Seaboard. Over the past 30 years, these three provinces have been developed to support the fast-growing industries. It was the “eras of the industrial revolution”. In 1987, Map Ta Phut industrial estate was established and it was the beginning of the development of Thai heavy industry, such as petrochemical, auto and electronics industries. These eras are also called Thailand 3.0. Today, Thailand is ready to move forward to the era of Thailand 4.0.

The EEC area covers over 13,000 Km2. The government has launched measures to support and accelerate the economic growth in the EEC, for instance, measures to develop public utilities, transportation systems, logistics, human resources, and investor’s facilitation in the form of One-Stop Service Center.

In the future, the EEC will grow into a modern metropolitan, a hub of trade and investment, a centre for regional transportation and logistics, a significant source for human resources, a tourist attraction and most importantly, the most modern Gateway to Asia.

Credits & Source: Royal Thai Embassy Website. This info is for educational purposes only

What are the Benefits of starting a business in Thailand?

Establishing a wholly foreign-owned company in Thailand can be hasslesome as there are a lot of requirements involved. However, the benefits are unparalleled and unique to foreign investors:

✓ Avail special tax benefits and >51% Ownership by the foreign investor in promotional areas
✓ The foreigner can hold real estates such as condominium
✓ Some cases can be waived for withholding income tax as double tax agreement.
✓ The logistic cost can be competitive and persuadable.

Have Question on Doing Business in Thailand?

Get in touch with us today


Please enter your comment!
Please enter your name here