TUESDAY, March 19, 2024
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EEC development 'not impacted' by Cabinet reshuffle

EEC development 'not impacted' by Cabinet reshuffle

The recent Cabinet reshuffle wiill.have no bearing on the development of the Eastern Economic Corridor (EEC), the Joint Foreign Chambers of Commerce in Thailand (JFCCT) said.

The promotion of the EEC was an important policy of Prime Minister Prayut Chan-o-cha.
His Cabinet reshuffle changed some EEC executives, and Supattanapong Punmeechaow, the new deputy prime Minister and energy minister, was promoted to take an important role in the project.
JFCCT president Stanley Kang said that the political change would not be a problem for the EEC since Kanit Sangsubhan was still the secretary-general of the EEC Office.
He added that investment in EEC infrastructure would continue since the project was under the PM's supervision and the EEC Act 2018.
The JFCCT president said that he was waiting to see the new ministers’ policies towards foreign investors interested in the EEC.
Jareeporn Jarukornsakul, the president of WHA Corporation, said that her company was confident of the EEC's development, and believed that the government would continue this project after the Cabinet reshuffle, since the EEC can draw foreign investment.
She also added that several businesses wanted to take part in the EEC, such as a Chinese automobile manufacturer. Moreover, some operators who had warehouses in EEC have contacted the EEC for expanding their warehouse space, reflecting the importance of the EEC.
Jareeporn urged the government’s economic team to hasten the "business bubble" to lure investors to see the EEC and decide to join in the area. She called for appointing special personnel to guide prospective investors who visit the EEC, to facilitate their decision-making.

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