Friday, August 23, 2019

MOU TO DRAW FOREIGN INVESTORS TO EEC 

May 14. 2019
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By The Nation

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The Cabinet yesterday approved the draft of a memorandum of understanding between the Eastern Economic Corridor (EEC) Office, China Development Bank (CDB) and Japan Bank for International Cooperation (JBIC), aImed at attractIng Chinese and Japanese investors to the EEC.

 

The MOU signing wIll take place at a workshop tItled "Japan – China Cooperation in Third Countries" on May 21 In Beijing. 

Nattaporn Jatusripitak, spokesman for the deputy prime minister in charge of the economic affairs, said that based on the MoU, the EEC Office will prepare information involving investment projects in the areas and coordinate with related Thai agencies. CBD and JBIC will encourage Chinese and Japanese private enterprises to invest in the EEC and provIde financial assistance. 

The high-speed rail project lInkIng Thailand’s three main airports- Don Mueang International in Bangkok, Suvarnabhumi International in Samut Prakan and U-Tapao in Rayong will be prIorItIsed. 

“The draft MoU will help boost investment projects in the EEC areas, connectivity in transportation and logistics between Thailand and the Greater Mekong Subregion,” Nattaporn said. 

 

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