Eastern corridor investment plan confirmedA sign for U-tapao airport in Ban Chang district, Rayong province, near the Eastern Economic Corridor. (Bangkok Post file photo)The Eastern Economic Corridor (EEC) Policy Committee on Friday endorsed a draft 5-year EEC development plan for the period 2023 to 2027, with the aim of attracting a total of 500 billion baht worth of investments to the area, representing an average of 100 billion baht per year. The committee also approved the offering of 10-year visas to investors in targeted businesses in the EEC to attract foreign investment, starting next year. According to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai, who chaired Friday's committee meeting, the new 5-year development plan will outline five development strategies. This includes specialists under EEC visa "S", executives under EEC visa "E", professionals under EEC visa "P", as well as spouses and dependents under the "other" category, pertaining to EEC visa "O".

Source: Bangkok Post November 24, 2023 23:14 UTC