PM invites foreign investors to EEC with pledges of tax incentives, and law amendments

Prime Minister Gen Prayut Chan-o-cha today pledged foreign investors with the amendment of existing and promulgation of laws to facilitate their investments in the country, in particular the Eastern Economic Corridor (EEC).

At the opening of the one-day economic forum themed Thailand's Big Strategic Move participated by fund managers from over 20 global investment funds managing a combined assets of over US$ 7.66 trillion, the prime minister said Thailand is escalating it's implementation of the EEC project targeting 10 technology oriented industries for the country's growth.

He introduced his government's Thailand's 4.0 strategy to escalate the country to sustainable growth with the EEC project.

He invited foreign investors to invest in the EEC which he said would also help strengthen economic integration among ASEAN and South Asia of which the economy is among the top three in the world.

He pledged foreign investors in the EEC with the amendment of existing laws, promulgation of new laws and tax incentives

to facilitate their investments.

On its roadmap to democracy, Gen Prayut said his government would go ahead to implement it's political and ecomi plans stated in the roadmap to achieve sustainable development.

Through the past three years, he said his government has moved forward for the interest of the Thai people and for foreign investors.

He said he wanted time just as what was stated in the roadmap to achieve sustainability before passing the jib to the new elected government.

He asked all people not to worry much about the ongoing national reform, saying this would take time as the foundation must be strengthened first along with understanding by investors.

Source: Thai Public Broadcasting Service (Thai PBS)