Saturday, 24 June 2017

Boeing mulls EEC investment

24 Jun 2017 at 06:44


US aerospace giant Boeing is keen on investing in making aircraft parts and setting up a training centre in the Eastern Economic Corridor (EEC) area.

According to Ralph Boyce, president of Boeing Southeast Asia, who met Deputy Prime Minister Somkid Jatusripitak yesterday, the company is preparing an EEC investment plan, with a final decision to be reached soon.

Mr Boyce served as the US ambassador to Thailand from 2005-07.

The EEC is a project that has been heavily promoted by the government as a new special economic zone to attract foreign investment…………..Read entire article: Here

The area is meant to be Thailand's new growth engine through 10 targeted industries: next-generation cars; smart electronics; affluent, medical and wellness tourism; agriculture and biotechnology; food; robotics for industry; logistics and aviation; biofuels and biochemicals; digital; and medical services.

"It's now an appropriate time for Boeing to invest in the EEC," Mr Boyce said. "If we don't make a decision now, this opportunity will fly."

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