Mr.
Thitawat Asaves, Executive Vice President, Head of Investment Banking Division,
Bank of Ayudhya PCL.
Over
recent years, Thailand has increasingly pursued Infrastructure development, to
mitigate the pressures of over-capacity driven by rapid domestic modernization
and the continued strength of its tourism & travel industries.
Infrastructure
development has been accelerated through the Eastern Economic Corridor (EEC)
initiatives.
To
achieve this development, the Thai Government has opened-up to Private sector
investment.
Thailand’s
Focus – EEC Infrastructure
lDevelopment of the EEC
aims to help revive investment in Thailand, and encourage dynamic technology
transfer from foreign parties.
lTo meet this goal, the
Government will focus on three areas:
i.Infrastructure
Development
ii.Business
Incentives
iii.Business
Facilities
lInfrastructure
development includes:
i.Airport
Expansion
ii.Motorway
Extensions
iii.Deep-sea
Port Upgrades
iv.Construction
of new High-Speed Rail
lThese developments
will incentivize increased business in the region.
