The Eastern Economic Corridor (EEC), a landmark project of the Thai government, is intended as a special investment zone covering three eastern provinces (Chonburi, Rayong and Chachoengsao) and aiming to develop industries promoted as clusters by the government, from smart electronics to biotechnology and from robotics to aviation.
Airport and deep sea port’s development, high speed train and dual-track railways are also part of the scheme, which hopes to connect to the ambitious Chinese One Belt, One Road project.
The government has used article 44, which takes away legal oversight, to facilitate the scheme, in order to “streamline” procedures to preserve environment and establish bridges between public and private sectors.
Thai authorities have been trying to promote the EEC project regionally but with limited success so far.
A panel of economists and other experts will discuss the pros and cons of the EEC scheme.
7pm, Wednesday 09 August, 2017
Members: free, Non-members 450 Baht, Thai journalists and Students with VALID ID: 150 Baht
Pavida Pananond is Associate Professor of International Business at Thammasat Business School, Thammasat University. Her research, which focuses on the internationalisation of firms, with a particular interest in emerging market multinationals, has appeared in leading academic journals, such as Journal of International Management and Asia Pacific Business Review.
Kirida Bhaophichitr is the director for international research and advisory service at the Thailand Development Research Institute (TDRI).
Prior to this, she was the Country economist for Thailand for the World Bank Group. She has contributed regularly to the Word Bank’s bi-annual report on economic developments in the Asia-Pacific region.
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