Eastern Economic Corridor

  • Pattaya

    Pattaya mayor launches task force to fix issues around the city

    Vowing to take action, Pattaya Mayor Poramese Ngampiches assembled a task force to address many issues plaguing the city. After selecting dozens of people to work on the project, the mayor assembled his task force for the first time yesterday to send the 68 members around the city to look into problems. The 68 city officials fanned out across Pattaya…

  • Economy

    US$37 billion smart city gets green light in Pattaya

    Plans to build a US$37 billion smart city in Chon Buri got the go-ahead yesterday by the Eastern Economic Corridor Policy Committee. PM Prayut Chan-o-cha, who chaired the meeting, revealed the smart dream hub can be realised thanks to public and private investment in automotive, robotics, healthcare and logistics companies. The investment will create about 200,000 jobs and accommodate 350,000…

  • Pattaya

    Flooding in Pattaya over 1 metre deep strands cars, floods homes

    Pattaya was battered this morning by heavy rains that caused flooding in rural areas and major city roads in Pattaya and Banglamung. The floods stranded many vehicles on the road with some areas seeing floodwaters reaching up to 1 metre high. Many criticised local authorities as flood management projects were supposed to help avoid situations like this. The heavy rains…

  • Pattaya

    Pattaya beach remodel project defended by mayor

    After an uproar paused a beach remodel project that began Sunday, the Pattaya City Mayor held a press conference to explain and justify the remodel plans. Community leaders and notable residents protested the plans to launch the refurbishment, with complaints mainly on two grounds. First, many objected to the removal of trees that would come along with revamping the beachfront.…

  • Central Thailand

    High speed rail connecting airports may start construction in October

    The construction of a major high speed rail project connecting the 3 airports of Suvarnabhumi, Don Mueang and U-Tapai is eyeing an October start date for contraction. The rail will be connected to 3 airports and make links from one airport to another, via Bangkok, much faster. The project has been on the table for the past 5 years. The…

  • Pattaya

    Investors see opportunity in Pattaya hotel market

    Although travel restrictions are still tight, investors see potential opportunities in Pattaya’s hotel market. Many are reimagining the 2021 market by focusing on domestic demand. Property consultancy JLL says the ongoing Eastern Economic Corridor development comes into play. U-Tapao International Airport in Rayong expanding to increase capacity by 5 million passengers and a high speed rail is in the works…

  • Economy

    Permanent residency, changes to quarantine period – Government mulls strategies to revive economy

    “The government is considering offering permanent residency to those buying condos in the Kingdom.” Energy minister and deputy PM Supattanapong Punmeechaow has outlined a number of strategies the government hopes will help the Thai economy recover from the Covid-19 fallout. Permanent residency for some condo purchases, changes to the mandatory quarantine and incentives for foreign investment are all under discussion.…

  • Bangkok

    After protest cleared, Government House hosts first foreign minister since the Covid-19 outbreak

    After all the commotion outside Bangkok’s Government House this morning, with the protest broken up by a State of Emergency order and at least 20 people arrested, Thailand welcomed the first foreign minister since the Covid-19 outbreak. China’s foreign minister Wang Yi visited PM Prayut Chan-o-cha at the Government House today, the first since the pandemic. He arrived after pro-democracy…

  • Transport

    Thailand’s land bridge plan still floating

    Deputy government spokeswoman Traisuree Taisaranakul says the government is still mulling the idea of a land bridge between the southern provinces of Ranong and Chumphon. The project’s aim would be to improve the infrastructure in the region by connecting the Gulf of Thailand directly with the Andaman Sea, “thereby making the Kingdom more competitive”. In a report in the Bangkok…

  • Thailand

    The Pattaya to Hua Hin bridge. Government discusses 900 billion baht investment.

    The government is looking into a so-called “Thai Bridge” that would connect Pattaya to Hua Hin, an estimated 900 billion baht investment. The project would be part of the Eastern Economic Corridor development plan aimed at improving the transportation and infrastructure in Thailand. The 900 billion baht investment is expected to take 10 years to financially implement, according to chairperson…

  • Pattaya

    Airbus pulls the plug on the joint Thai Airways’ maintenance facility at U-Tapao

    Airbus, the European multinational aircraft manufacturer, has pulled the plug on an 11 billion baht joint venture with Thai Airways. The project was to develop a maintenance, repair and overhaul facility at the U-Tapao Airport in Rayong province. The airport also serves the seaside resort of Pattaya. The pull out is a huge blow to the Thai Government’s much hyped…

  • Economy

    Asian Development Bank drops growth forecast for Thailand

    “The bank forecasts a slightly higher growth rate at 3.2% next year, due largely to infrastructure investment in the Eastern Economic Corridor.” The Asian Development Bank is lowering its growth forecast for Thailand’s economy from 3.9% to 3% but is optimistic that conditions will improve next year. “The bank forecasts a slightly higher growth rate at 3.2% next year, due…