Thailand is betting on the EEC to revive its economy and plans to come up with very generous incentives for foreigners in terms of taxation, property rights and visas.
“Think Asia, Invest Thailand” is one of the marketing taglines of Thailand’s investment promotion agency Board of Investment (BOI). However, when foreigners think about Thailand, they might not immediately think of all the investment opportunities but instead are attracted to other renowned benefits of living in the land of smile.
THAILAND’S BIGGEST ZONE
The Eastern Economic Corridor (“EEC”) is the new flagship investment zone which will significantly enhance the former Eastern Seaboard. It aims to be the manufacturing paradise of Asia, designed to accommodate next-generation industries and the Thailand 4.0 new innovation-driven economic model.