The Eastern Economic Corridor (EEC), covering the Rayong, Chonburi, and Chachoengsao provinces, is part of the Thai government's Area-Based Development Policy and is intended to implement the Thailand 4.0 policy. The goal is to make the EEC ASEAN's leading centre for trade, investment, and logistics. To achieve this, the Board of Investment (BOI), established under the Investment Promotion Act (1977), encourages both foreign and domestic investment through tax and non-tax incentives. The EEC Bill was approved by the NLA on February 14 2018 and will soon be enacted as an Act.
March 05, 2018