EEC, megaprojects mean opportunities for property sectorThe Eastern Economic Corridor (EEC) and infrastructure development are setting new megatrends in Thailand with huge opportunities lying ahead for the property sector, according to former policymakers and property experts. "The economy continued expanding for many years after that," said Mr Suwat, a former deputy prime minister. The EEC will create employment for more than 100,000 people and increase income, Mr Suwat said. At the same time, construction of double-track rail in regions will reduce inequality, create new opportunities in provinces and aid tourists and farmers, Mr Suwat said. The government set seven directives for each area to develop a smart city: smart environment, smart government, smart mobility, smart energy, smart economy, smart living and smart people.

Source: Bangkok Post November 11, 2019 00:16 UTC