The EEC Policy Committee approved four new economic zones in Chon Buri and Rayong to attract advanced industries, focusing on technology, infrastructure, workforce development, and compliance with national laws for international investment growth.
Key Points
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The Eastern Economic Corridor (EEC) Policy Committee, chaired by Prime Minister Anutin Charnvirakul, approved four new special economic zones in Chon Buri and Rayong on October 26 to boost investment in advanced industries like next-gen automotive, smart electronics, robotics, and healthcare.
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The zones include E-Tech Smart Park, New Horizon City, and Phanat Nikhom in Chon Buri, and Next-Generation Automotive in Rayong, focusing on technology, infrastructure, and workforce development.
- Anutin emphasized expanding education and skills training to attract investors, promoting environmentally responsible growth while ensuring compliance with national laws and coordination with the Board of Investment.
The Eastern Economic Corridor (EEC) Policy Committee, led by Prime Minister Anutin Charnvirakul, has officially sanctioned the establishment of four new special economic promotion zones in the provinces of Chon Buri and Rayong. This decisive move aims to catalyze investment in cutting-edge industries, thereby reinforcing Thailand’s position in the global advanced manufacturing and technology sectors. The approval, granted during the committee meeting on October 26, underscores a strategic emphasis on expanding high-value, technology-driven economic activities within the EEC framework.
The newly authorized zones—E-Tech Smart Park, New Horizon City, and Phanat Nikhom in Chon Buri, alongside the Next-Generation Automotive (Pluak Daeng) zone in Rayong—are designed to host a diverse portfolio of industries. These include next-generation automotive manufacturing, smart electronics, robotics, digital technology, aviation, logistics, biotechnology, food processing, and healthcare. By fostering such a multifaceted industrial ecosystem, the government seeks to position these regions as premier hubs for innovation and technological advancement, capable of attracting sophisticated international investments.
Prime Minister Anutin highlighted the necessity for Thailand to transcend its traditional economic leverage of low labor costs by prioritizing the development of advanced technological capabilities, robust infrastructure, and a highly skilled workforce. He emphasized the critical role of enhanced education, research, and skills training programs to adequately prepare Thai workers for the demands of modern, technology-intensive industries. Furthermore, the prime minister called for commitments to environmentally sustainable investment practices, aligning economic development with ecological responsibility.
To ensure coherent and lawful implementation, the prime minister instructed relevant governmental agencies to collaborate closely with the Thailand Board of Investment, guaranteeing that all EEC development activities comply stringently with national laws and regulations. This integrated approach reflects a comprehensive strategy to foster sustainable economic growth, bolster Thailand’s competitive edge in advanced industries, and secure its attractiveness to global investors through innovation-driven regional development.
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