Recovering from the pandemic period, Thailand is set to invest 2.2 trillion baht ($64.31 billion) in its eastern industrial sector as part of the 2023 to 2027 plan within the Eastern Economic Corridor (EEC). This comprehensive investment scheme encompasses areas like electric vehicles and medical technology, and according to the newly appointed EEC Chief, Chula Sukmanop, it holds the potential to significantly benefit the entire nation as well as forthcoming investors.

The Thai government aims to boost the country's economy by encouraging a plan to attract a 2.2 trillion THB (about 64.9 billion USD) investment into five key industries within the Eastern Economic Corridor (EEC) by 2026. This corridor covers regions in Chon Buri, Rayong, and Chachoengsao provinces, set to become Thailand's center for high-tech industries.

The selected industries include next-gen automobiles, medical and wellness tourism, agriculture, future food production, robotics, aviation, logistics, biofuels, biochemicals, and digital technologies.

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Source: Reuters, VietnamPlus