Mr Kanit said Boeing had sent a group of representatives to observe U-tapao airport and seek more investment information from Thai authorities. "We are now talking about detail in every aspect with Boeing and we expect to be ready to sign the memorandum of understanding (MoU) this month," Mr Kanit told the Bangkok Post. "We expect Boeing to start its investment shortly after signing the MoU." FTI vice-chairman Kriangkrai Tiannukul said the approval of the first civilian EEC law would encourage foreign investment in Thailand. But the EEC was designed to accommodate high-tech industries, which require massive investment budgets, making Thai investors to look for strategic partners.

Source: Bangkok Post November 12, 2017 23:37 UTC