Creating the Future of Finance - Breakthrough Innovation
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORN BANK
Eastern Economic Corridor (EEC) - Three eastern provinces: Chachoengsao, Chon Buri, and Rayong
■ Objectives: To facilitate and attract investment in innovative target industries aimed at achieving "Thailand 4.0", an innovation driven society
(the 12 industries are Next-Generation Automotive, Smart Electronics, Medical and Wellness Tourism, Food for the Future, Robotics, Aviation,
Agriculture & Biotechnology, Biofuels & Bio Chemicals, Digital, Medical, Defense, and Education & Human Resource Development)
■ Key Development Plan: An expansion of existing transportation facilities, plus new investment in logistics systems to transform the EEC
area (13,266 square kilometer) into a regional center for trade, investment, and tourism
■ Approved Investment: Bt1.8 trn (2018-2022) from (1) BOI's approved projects (private sector investment) Bt 1,091 bn (2) infrastructure
investment under Public Private Partnership (PPP) Bt 656 bn and (3) government investment from integrated budgeting Bt 95 bn.
■Investment Incentives: EEC privileges corporate income tax (CIT) exemption of up to 13 years and additional 50% CIT reduction for up to
five years for some projects; 15-year CIT exemption for qualified projects under Thailand Competitive Fund (R&D investment); a flat tax rate
of 17% personal income tax (PIT) for experts/specialists; long-term land leases (up to 99 Years)
D
Four Core Areas - 15 Crucial Investment Projects*
A
U-Tapao airport and aircraft maintenance
Sattahip commercial seaport
Laem Chabang port phase #3
((COD))
F
'A'
Map Ta Phut port phase #3
Chachoengsao
Chonburi
High-speed rail - east route
Double-track railway
Highways and motorway
Next-generation automotive (EV/AV)
Aviation industry, Robotics, Smart electronics
8
9
10
11
((CO)))
Rayong
Advanced petrochemical and Bioeconomy
Medical hub
*
12
Tourism
Approved Investment Amount
(Bt1.8 trillion 2018-2022)
Approved infranstructure
investment under PPP
Bt 656 bn
Government's approved
0
investment
Bt 95 bn
BOI's approved
investment
Bt 1,091 bn
13 Global Business Hub / Free Economic Zone
14 New Cities, Inclusive growth
15 Public Utilities
Source: The Board of Investment of Thailand (BOI), and The Eastern Economic Corridor Office of Thailand (EECO) presentation and KResearch projected (as of November 2022)
บริการทุกระดับประทับใจ
141
K
KASIKORNTHAI
EEC Progress
Projects
ธนาคารกสิกรไทย
开泰银行 KASIKORN BANK
Amount
Owner
Contract
Signed
Name of the selected JV
Beginning
Construction
Expected
project
completion
High-Speed Rail Linking 3 Airports
Bt224.5bn
State Railway of
Thailand
Oct 2019
Asia Era One Co., Ltd
(CP led consortium consisting of CP, Italian Thai,
CH. Karnchang, China Railway Construction Corp)
1Q23
2029
U-Tapao Airport and Aviation City
Bt290bn
Royal Thai Navy Jun 2020
U Tapao International Aviation Co., LTD
(Bangkok Airways led Consortium consisting of
Bangkok Airways, BTS, Sino-Thai)
1Q23
2025
U-Tapao MRO
Bt 8.4bn
Royal Thai Navy
TBC
(Maintenance, Repair Overhaul)
To Launch Term of References (TOR)
for bidding in June 2022
2025
GPC
Nov 2021
Laem Chabang seaport (3rd Phase)
Bt114bn
Port Authority of
Thailand
(Gulf Energy Development Pcl + PTT Tank
Terminal China Habour)
4Q23
(F Dock)
2025
(for F1 Dock)
and
C NNC
Aug 2020
for F Dock Development
(NTL Marine + Nathalin + Zhonggang Construction)
for Land reclamation project
2Q21
(Land
reclamation)
2029
(for F2 Dock)
Bt47.9bn
Map Ta Phut seaport
and
(3rd Phase with Phase 3.1 & 3.2)
Industrial Estate
Authority of
Thailand
Oct 2019
and
PTT Tank Terminal + Gulf Energy
Development Pcl
3Q21
2025
for Land reclamation and Natural gas harbor
Not define
2025
2026
Bt7.5bn
date yet
for Liquid cargo harbor and warehouse
Source: Newspaper, Eastern Economic Corridor Office of Thailand and KResearch as of January 2023
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