The Embassy of Thailand brings together the logistics, aeronautics and defense sectors to present the Eastern Economic Corridor
Fifity representatives of the main companies of the logistic, aeronautical and defense sectors operating in Spain participated last Monday in an event organized by the Embassy of Thailand in Spain, with the collaboration of Nexus Fostering Partnership, to present the Eastern Economic Corridor (EEC).
The EEC is an ambitious project that is being developed in the provinces of Rayong, Chonburi and Chachoengsao, on the east coast of the country, an area of strategic location in the region that aspires to become a modern platform for trade and investment and also the gateway to the emerging Southeast Asian market for Spanish companies in the sector.
Sihasak Phuagketkeow, Special Advisor for the ECC, detailed the different aspects of a project that contemplates works of enormous importance, such as the reform of the U-Tapao International Airport, which will include an MRO Centre developed jointly by Thai Airways and Airbus International; a high-speed train line to link the three main airports of the region, the development of the Laem Cha Bang port, the expansion of the Map Ta Phut port, a double-track railway and a motorway, among others.
The presentation, held at the Genoa Financial Club, was attended by the Thai Ambassador in Spain, His Excellency Krerkpan Roekchamnong, and the director of the Board of Investments (BOI) in Paris, Cherdchan Arunrat, who explained the many tax and economic incentives that will be enjoyed by Spanish companies joining the project.
“Thailand, through the EEC, is building an innovation-driven economy that will connect our country with a well-connected Asia. Spain has international experts and important accumulated knowledge in defense, aviation, and logistics”, explained Phuangketkeow, who is very optimistic about the investment possibilities of Spanish companies in the area.
After the presentation, attendees enjoyed a meal prepared from a selection of typical dishes of the famous Thai cuisine.