Eastern seaboard of Thailand

Thailand Positioned to Become the Leader of MRO in Southeast Asia

Retrieved on: 
Wednesday, April 3, 2019
MRO, U-Tapao International Airport, Eastern seaboard of Thailand, Board of Investment, Thailand

Thailand's MRO expenditure from 2015-2024 has been forecasted to reach a total amount of USD $10.6 billion, with airframe, engine and component MRO being specifically targeted.

Key Points: 
  • Thailand's MRO expenditure from 2015-2024 has been forecasted to reach a total amount of USD $10.6 billion, with airframe, engine and component MRO being specifically targeted.
  • Thailand's MRO flagship will be the Eastern Airport City (Aerotropolis), anchored by U-Tapao airport, in the country's Eastern Economic Corridor.
  • Similarly, Revima, the French APU and landing gear MRO specialist, has started construction of a new landing gear overhaul facility in Chonburi, Thailand.
  • The Thailand Board of Investment (BOI) is the investment promotion agency for Thailand that facilitates foreign direct investment.

Thai aerospace industry is ready for take-off

Retrieved on: 
Monday, November 5, 2018
Aviation, Aerotropolis, Thai Airways, Southeast Asia, Economy of Thailand, Eastern seaboard of Thailand, Aerospace manufacturer, Thailand, Airport city, Aerospace

Thailandtakes the advantage from this trend as well as its aviation market leadership to bring its aerospace and aviation industry to new heights.

Key Points: 
  • Thailandtakes the advantage from this trend as well as its aviation market leadership to bring its aerospace and aviation industry to new heights.
  • Considering such high potential, the Thai government has included aerospace in the targeted industries that will promote national competitiveness and Thai economic transformation.
  • Thailand's aerospace industry is ready to take off and fly high as the development of the Aerotropolis, or an Airport City, in the Eastern Economic Corridor (EEC) is on the fast lane.
  • At the heart of the Aerotropolis, the 10-billion-baht Thai Airways International's MRO Campus, a cooperation between THAI and Airbus, will be built.

Thailand Board of Investment's Incentive Schemes Set to Support Infrastructure Development for EEC

Retrieved on: 
Tuesday, October 30, 2018
Gulf of Thailand, Economy of Thailand, Eastern seaboard of Thailand, Aerotropolis, Boi, Board of Investment, U-Tapao International Airport, Economy, Thailand, Southeast Asia

BANGKOK, Oct. 30, 2018 /PRNewswire/ -- To drive concrete development of the Eastern Economic Corridor (EEC), Thailand's Board of Investment (BOI) has recently approved investment incentive scheme for the bidding winners of U-Tapao Airport's Passenger Terminal 3 and Digital Park Thailand (EECd) development projects, two among six major development projects in EEC.

Key Points: 
  • BANGKOK, Oct. 30, 2018 /PRNewswire/ -- To drive concrete development of the Eastern Economic Corridor (EEC), Thailand's Board of Investment (BOI) has recently approved investment incentive scheme for the bidding winners of U-Tapao Airport's Passenger Terminal 3 and Digital Park Thailand (EECd) development projects, two among six major development projects in EEC.
  • With the biddings for the development of both projects planned for late 2018, BOI has offered the incentive scheme to attract more investors to participate in the biddings.
  • While the development of Aerotropolis is taking shape, the government is working on other infrastructure development to build seamless road, rail, sea and air transportation network.
  • The Digital Park Thailand will have comprehensive digital infrastructure, including high-speed optic fiber network, innovation infrastructure such as living lab, and other facilities to support business activities.

Thailand Board of Investment's Incentive Schemes Set to Support Infrastructure Development for EEC

Retrieved on: 
Tuesday, October 30, 2018
Gulf of Thailand, Economy of Thailand, Eastern seaboard of Thailand, Aerotropolis, Boi, Board of Investment, U-Tapao International Airport, Economy, Thailand, Southeast Asia

BANGKOK, Oct. 30, 2018 /PRNewswire/ -- To drive concrete development of the Eastern Economic Corridor (EEC), Thailand's Board of Investment (BOI) has recently approved investment incentive scheme for the bidding winners of U-Tapao Airport's Passenger Terminal 3 and Digital Park Thailand (EECd) development projects, two among six major development projects in EEC.

Key Points: 
  • BANGKOK, Oct. 30, 2018 /PRNewswire/ -- To drive concrete development of the Eastern Economic Corridor (EEC), Thailand's Board of Investment (BOI) has recently approved investment incentive scheme for the bidding winners of U-Tapao Airport's Passenger Terminal 3 and Digital Park Thailand (EECd) development projects, two among six major development projects in EEC.
  • With the biddings for the development of both projects planned for late 2018, BOI has offered the incentive scheme to attract more investors to participate in the biddings.
  • While the development of Aerotropolis is taking shape, the government is working on other infrastructure development to build seamless road, rail, sea and air transportation network.
  • The Digital Park Thailand will have comprehensive digital infrastructure, including high-speed optic fiber network, innovation infrastructure such as living lab, and other facilities to support business activities.

Thailand Kicks Off the EMC3 Model, Aiming to Drive the MICE Industry in the EEC and Establish the Eastern MICE Corridor to Advance Thailand's Economy

Retrieved on: 
Wednesday, October 17, 2018
Economy of Thailand, Meetings, Gulf of Thailand, Geography of Asia, Eastern seaboard of Thailand, Southeast Asia, Thailand, Convention, Asia

These proactive initiatives are expected not only to attract business travelers in the region to EEC but also place Thailand in the forefront of Southeast Asia's MICE industry.

Key Points: 
  • These proactive initiatives are expected not only to attract business travelers in the region to EEC but also place Thailand in the forefront of Southeast Asia's MICE industry.
  • "The promotion of the MICE industry in EEC is part of a zoning strategy that aims to attract conferences, conventions, and exhibitions, as well as MICE-related investment to the Eastern Economic Corridor.
  • Aimed at transforming EEC into Thailand's new MICE promotion area, the EMC3 Model is spearheaded by six major projects spanning a period of three years (2019-2022).
  • The EMC3 Model will further advance Thailand's MICE industry and propel the other industries forward as envisioned in the Thailand 4.0 scheme, in which Thailand will be driven towards a value-based economy through innovation, creativity, and its service industry.

Thailand Board of Investment Approves Incentive Scheme for "Smart City" and High Quality Housing for Better Living

Retrieved on: 
Monday, May 21, 2018
Economy, Board of Investment, Boi, Special Economic Zones of China, Eastern seaboard of Thailand, Incentive

BANGKOK, May 21, 2018 /PRNewswire/ -- The Thailand Board of Investment (BOI) has approved investment incentive schemes for "Smart City," an initiative that will employ advanced IT systems and innovations to improve quality of life.

Key Points: 
  • BANGKOK, May 21, 2018 /PRNewswire/ -- The Thailand Board of Investment (BOI) has approved investment incentive schemes for "Smart City," an initiative that will employ advanced IT systems and innovations to improve quality of life.
  • The board has also agreed to promote high standard housing for better quality of life of workers, and agreed to extend the promotion period for investments in 10 Special Economic Zones (SEZs) to the end of 2020.
  • At the meeting, the board approved investment promotion incentive schemes for the development of the "Smart City" project.
  • BOI board also approved the amendment of incentive schemes for investments in science and technology, and in the Eastern Economic Corridor (EEC).