Government Initiative

The Royal Thai Government has laid out a
20-Year Strategy for Thailand to achieve high-income status by 2036.
The strategy includes a wide range of top-down initiatives, especially in infrastructure
and people development, to transform Thailand into a nation that can compete
against wealthier, more knowledge-based economies.

The government calls the strategy "Thailand 4.0", taking a cue from the concept of
"Industry 4.0" aimed at transforming the country into an innovative, value-based
industry, with an emphasis on 12 fields such as automation and robotics,
aviation and logistics, biofuel and biochemicals, and digital.

EEC at Glance

A Captivating Past

The Eastern Economic Corridor (EEC) development lies at the heart of Thailand 4.0 scheme.

The EEC is an area-based development initiative, aiming to revitalize the well-known Eastern Seaboard where,
for 30 years, numerous business developers have experienced a rewarding investment journey and exceptional achievements.

The EEC project initially focused on the 3 Eastern provinces, namely Rayong, Chonburi, and Chachoengsao. The EEC development plan envisages a significant transformation of both physical and social development, plays an important role as a regulatory sandbox uplifting the country's competitiveness.

Area	5,351 km²
Population	785,973
GDP (Million THB)	348,271
GDP per capita	443,108
Percentage of Thailand's GDP	2.2%

Area	4,363 km²
Population	1,567,000
GDP (Million THB)	1,040,474
GDP per capita	663,991
Percentage of Thailand's GDP	6.4%

Area	3,552 km²
Population	908,778
GDP (Million THB)	989,486
GDP per capita	1,088,809
Percentage of Thailand's GDP	6.1%

A Promising Future

With a clear regulatory and governance structure,
EEC overall development plan has been well established.
The EEC Policy Committee is chaired by the Prime Minister of Thailand, comprises of 15 ministers and the others from government agencies, Private Sector Association, and specialists.
EEC Office receives full support from the government with distinctive regulatory and governance structure.
An integrated infrastructure is developed for EEC to become the prime gateway to both South East Asia and the Asia Pacific in the upcoming years.

Thailand's (2019)

Inflation rate ( % ) 0.7

GDP ( Billion USD ) 544.1

GDP Growth ( % ) 2.4

GDP/Capita ( USD ) 8,170.2

Source: NESDB, CEIC

Position of Thailand in Global, Asia and ASEAN Rankings

INDEX	YEAR	SCORE (Score of 100)	GLOBAL RANKING	ASIA RANKING	ASEAN RANKING
Ease of Doing Business Index	2020	80.10	21	5	3
Global Competitiveness Ranking 4.0	2019	68.10	40	10	3
Logistics Performance Index Ranking	2018	3.41	32	9	2
IMD World Competitiveness Index	2019	79.45	25	11	3
IMD World Digital Competitiveness Ranking	2019	68.43	40	10	3
Global Talent Competitiveness Index	2020	41.3	67	20	6
Global Innovation Index	2019	38.63	43	10	4
Inclusive Development Index*	2018	4.24	17	2	2

Note: * Ranking in Emerging Economies Group

Source: World Bank, IMD Business School, INSEAD, World Intellectual Property Organization and World Economic Forum

EEC Development Plan

The EEC Development Plan is integrated into
the 20-year National Strategy and comprises of

Development of fundamental infrastructure
Development of digital infrastructure
Development of livable smart cities and financial centers
Development of targeted industries that utilize advanced technology
Development of promotion of tourism
Development of human resources, education, research, and technology

Government Initiative

EEC at Glance

A Promising Future

Thailand's (2019)

Position of Thailand in Global, Asia and ASEAN Rankings

EEC Development Plan

News & Information

About EEC

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