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Bangkok Post
Bangkok Post
Business

State okays target for EEC

The government vows to move ahead with five-year investment plans for the state flagship Eastern Economic Corridor (EEC), aiming to drive economic growth by 5% a year between 2023 and 2027 and draw a combined investment of 2.2 trillion baht.

According to Kanit Sangsubhan, secretary-general of the EEC Office, the Eastern Economic Corridor (EEC) Policy Committee chaired by Prime Minister Prayut Chan-o-cha yesterday approved the investment target of the EEC scheme between 2023 and 2027.

Mr Kanit said despite growing risks, particularly from persistent Covid-19 infections and the Russia-Ukraine conflict, the EEC remains designated to become the country's vital investment destination during this period to draw investment at an average of 500 billion baht a year.

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