Real Estate for life

Eastern Economic Corridor Development

The Eastern Economic Corridor (EEC) development plan, implemented under the Thailand 4.0 plan, aims to revitalize and strengthen the well-known east coast development plan, which has made the eastern region an important base for industrial production in Thailand for more than 30 years. Under this initiative, Thailand's Eastern Economic Corridor Office (EECO) has been tasked with driving investments in the country to upgrade innovation and advanced technologies for the next generation. The EEC development plan will lead Thailand to make substantial investments and major development and transformation of social infrastructure in the region. The EEC project will initially focus on 3 provinces in the east, namely Chachoengsao, Chonburi and Rayong. For solemnity, the EEC Policy Committee is the main collective force of the Royal Thai Government chaired by the Prime Minister of Thailand.

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EEC overview

The Eastern Economic Corridor is an organization focused on implementing infrastructure development projects and executing seamless transport, providing vital links for air, land, rail and sea routes. Under the plan, the transportation time will be shortened and the cost will be reduced, which will improve the competitiveness.

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The goal is achieved through 2 projects:

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         East Aviation Zone and Aviation City will be developed with the EE area The companies are linked to elevate the Thai aviation industry to an unprecedented level as a central hub for the aviation and air logistics industry. When complete, this will provide passengers with connections to major airports (Don Mueang Airport, Suvarnabhumi Airport and U-Tapao Airport) via high-speed trains, making the journey time between the EEC and Bangkok less than 1 hour.

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      via double track railway between China, Laos, Thailand and Cambodia, and implementation of new distribution center in Chachoengsao Connect the shipment of goods in Thailand with other regions under the automated shipping and seamless operating system. From this point, cargo can be seamlessly connected to Laem Chabang Phase 3 Port or Map Ta Phut Phase 3 Industrial Port. It also aims to position EEC as a global leader in the compelling tourism industry by developing the Sattahip commercial port as a cruise port with additional services.

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EEC target

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Given that the economy is one of the most important foundations for the development of any country, growth facilitated by strong infrastructure can be seen as the nutrient needed for development. Over the past few decades, Thailand has invested very little in large-scale projects, and the advent of the "East Coast" era has shifted the Thai economic stronghold from agriculture to a more industrial-oriented focus.

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Nonetheless, global trends in industry have begun to turn and, importantly, this is the necessary spark to restructure and upgrade Thailand. These changes will allow Thailand to better survive and set the stage for a new era of prosperity. Today, the Eastern Economic Corridor Development Project (EEC) has been upgraded to a new large-scale investment that aims to reach a new generation and unprecedented level of development under the “Thailand 4.0” initiative.

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In addition, the Eastern Economic Corridor Policy Committee held a 1/2560 meeting on April 5, 2017 and passed a resolution to formulate 8 implementation plans for the development of the EEC region. Each programme is linked and provides well-implemented regional development of the EEC in every aspect in a just and sustainable manner.