Investment Promotion and Incentives in the EEC

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INVESTMENT PROMOTION AND INCENTIVES
FOR
10 TARGETED INDUSTRIES
IN
THE EASTERN ECONOMIC CORRIDOR
AND
INFRASTRUCTURE PROJE...

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The information provided in this document is general in nature and may not
apply to any specific situation. Specific adv...

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Kowit Somwaiya
Founder and Managing Partner, LawPlus Ltd.
Founder and Managing Partner, LawPlus Myanmar Ltd.
Vice Presid...

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www.lawplusltd.com
● Established in 2003
● Professional, Practical, Prompt, Pro-active
● Major practices
- Banking and f...

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 Thailand Geography and Statistics
 Eastern Economic Corridor (EEC) Overview
 EEC Act B.E. 2561 (A.D. 2018)
 EEC Pol...

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Thailand – Geography and Statistics
•source: http://www.operationworld.org/thai
Land Area: 513,115 sq km
Capital: Bangko...

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EEC Overview (1)
 EEC
• is for the “Thailand 4.0” industry development.
• is to revitalize and enhance the Eastern
Seab...

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 Ten Targeted Industries
Next-Generation Automotive (6) Robotics
Smart Electronics (7) Aviation and Logistics
Affluent,...

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 Enacted by the National Legislation Assembly, published in the Government
Gazette on 14th May 2018 and came into force...

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 EEC Policy Committee
• chaired by the Prime Minister
• grants licenses and permits in place of other government author...

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 Located in the EEC area.
 Approved by EEC Policy Committee.
 As of September 2018, 24 SEPZs have been approved for ...

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Approved SEPZ
 EEC Aviation City (EECa)
• U-Tapao International Airport
• Aircraft MRO Center
• Regional aviation hub
...

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 Tax Exemption and Reduction
• Maximum tax exemption
• Maximum tax reduction
• Under the investment promotion law
• Un...

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 Real Property Ownership and Long-Term Lease
• Foreigner investing in SEPZ can own land for business operation and own...

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 Exemption from compliance with the exchange control law in whole or in part for
business operators.
 Payment of good...

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Infrastructure Projects in the EEC Area
 220 KMs High Speed Train to link
• Don Muang International Airport
• Suvarnab...

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Infrastructure Projects in the EEC Area
http://thaiembdc.org/eastern-economic-corridor-eec/

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Investment Projects in Thailand 2017
 1,227 projects (THB625.080 billion)
 588 projects (THB201.627 billion) of 10 ta...

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Investment Projects in EEC 2017
 259 projects (THB310.337 billion)
• Chonburi – 133 projects (THB117.311 billion)
• Ra...

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Unit 1401, 14th Floor, 990 Abdulrahim Place, Rama IV Road, Bangkok 10500, Thailand
Tel. +66 (0)2 636 0662, Fax +66 (0)2...

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