EEC on track to meet Bt1.7tn investment target despite virus crisis
The Eastern Economic Corridor (EEC) Policy Committee is still confident that the investment in the government’s flagship infrastructure project will meet the target of Bt1.7 trillion in 2022, despite the impact of the Covid-19, said Kanit Sangsubhan, EEC Office secretary-general.
Investment in the corridor, which spans Chonburi, Rayong, Chachoengsao provinces, has reached Bt900 billion – half of the targeted total.
However, the applications to invest this year are expected to be low due to the virus crisis fallout before recovering next year as the situation improves.
EEC investment applications for the first half 2020 totalled 225, with combined worth of Bt85.480 billion. Chonburi saw 120 applications worth Bt39 billion, Rayong saw 76 applications worth Bt33.32 billion, and the remainder were for Chachoengsao.