Looking forward, EGCO Group is planning to convert its former power plant land in Rayong into an industrial estate within the Eastern Economic Corridor (EEC) and is seeking other investment opportunities, particularly in LNG. The Xayaburi power plant in Laos and the San Buenaventura power plant in the Philippines will be completed and begin commercial operation this year. The third project, Nam Theun 1 power plant in Laos, will be completed and start commercial operation in 2022. Regarding the progress of new investments, the group is currently creating a master plan and doing an Environmental Impact Assessment (EIA) for the development of the industrial estate in Rayong. “We will convert our old power plant in Rayong into a smart industrial estate to serve rising investment in the Eastern Economic Corridor (EEC),” said Jakgrich.

Source: The Nation Bangkok May 22, 2019 07:48 UTC