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.
Foreign Correspondents’ Club of Thailand
Penthouse, Maneeya Center Building
518/5 Ploenchit Road (connected to the BTS Skytrain Chitlom station)
Patumwan, Bangkok 10330
Web Site: http://www.fccthai.com
Large Shopping Malls in Bangkok Will Be Closed until July 25th
Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.
Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak
The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.
The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.(more…)
Subscribe via Email
3 ways Asia can recover from the COVID-19 pandemic faster
Countries in the East Asia and Pacific region will benefit from cooperation in three major areas: vaccine deployment, reviving sectors...
Thailand’s Vaccine Strategy: What went wrong?
Questions are being asked, and not answered, over the decision to rely almost entirely on Siam Bioscience, a local, palace-owned...
Exclusive interview with Richi Kukreja, HR Lead Director for Zoetis South East Asia
Zoetis is a global animal health industry leader, dedicated to supporting customers and their businesses in ever better ways. Building...
World Bank lowers Thai GDP growth outlook to 2.2%
In the Thailand Economic Monitor released today, the World Bank adjusted its outlook on Thailand’s economic growth this year to...
The Importance of E-Wallets for Online Gaming Sites
With e-wallets and cryptocurrency being the most relevant options, banks have been put on the side burner, especially when e-wallets...