Thailand: EEC perk extension to go before new government

  • The new government will be asked to extend the Board of Investment’s promotional investment packages for the flagship Eastern Economic Corridor (EEC) scheme for another year till end of 2020.
  • Kanit Sangsubhan, secretary-general of the EEC Office, said the office will submit a proposal to extend the privilege packages, which are scheduled to expire on 30 Dec 19, once the new government comes together.
  • He said the packages may need to be adjusted to make them more enticing for investors.
  • According to Mr Kanit, the EEC will launch intensive roadshows in the remaining five months of 2019 to draw investment to the corridor.
  • He refused to elaborate on possible new details for the packages, saying the duty falls to the Board of Investment.

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