EEC adjusting investment in line with Biden’s 'green' strategy

TUESDAY, NOVEMBER 10, 2020
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The Eastern Economic Corridor (EEC) Office has announced it will adjust its five-year investment plan to adapt to the changing global situation.

The 2020-2024 plan for infrastructure and targeted industries will be revised in light of US president-elect Joe Biden’s strategy to promote eco-friendly businesses, said Kanit Sangsubhan, secretary-general of the EEC Policy Committee.

He added that the EEC will focus more on trade and investment collaboration with the US, as well as wooing foreign investment in new technologies such as 5G wireless broadband.

The office will also advise the government to join free trade agreements, in order to attract more overseas investment, Khanit said.

On Tuesday, the office held a meeting with state agencies on the 2022 EEC development plan, with a focus on human resource development, job creation, and investment promotion.