"EEC" progress to stimulate investment in industrial estates Trade war bolstered China

IEAT hopes sales exceeds the target in year 62

Ms. Somjin Pinluek, Governor of the Industrial Estate Authority of Thailand (IEAT) revealed that the IEAT's performance in the first 6 months of the fiscal year 2019 (Oct 2018-March C. 2019), with sales and rental of industrial estates totaling 1,339 rai, increased by 525 rai or 5.25% from the previous year, with a total investment value of 8,593 million baht. Such amounts are the industrial estates in the Eastern Special Development Zone (EEC). 1,328 rai outside the EEC area, 11 rai causing Employment 1,585 people


"The industries that are most interested in investing are rubber processing plants, plastic and artificial leather products, automobiles, electrical appliances and electronics, while the top 5 countries are Japan, China, Taiwan, Singapore and the Netherlands. Ensure that sales and leases of land throughout the fiscal year 62 will meet the target of 3,500 rai. The growth has been by virtue of the government accelerating to drive large-scale projects in the EEC area. Including foreign factors supporting Especially Chinese investors coming into Thailand From the case of the US raising tariffs on Chinese goods for the second round, which encourages Chinese investors to make foreign investments faster Thailand is considered to be one of the first targets in China. The I-EA thinks that the direction of Thai investment in the last 6 months of this year Expect a better trend Because there will be a new government with economic stimulus measures and investing in concrete infrastructure development projects ".