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.

External Link : https://www.bangkokpost.com/business/1705396/eec-perk-extension-to-go-before-new-government