Pattaya and the Eastern Seaboard to undergo 1.5 Trillion Baht Transformation

Pattaya and the Eastern Seaboard to undergo 1.5 Trillion Baht Transformation

Money, News, Pattaya, Project Management, Sattahip, Thailand
Author : Colin Hasting(Big Chilli) New economic ‘corridor’ will benefit tourism and next-generation industries by David James  MAJOR changes are coming to Pattaya, Rayong and Chachoengsao in a highly ambitious government development project worth some 1.5 trillion baht known as the Eastern Economic Corridor (EEC). New highways, double-track railways and a comprehensive makeover of existing ports will turn the area known as the Eastern Seaboard into a major economic zone in ASEAN. Some 500 billion baht will be invested in target industries over the next five years, along with 400 billion baht on infrastructure, another 400 billion baht on housing, schools and hospitals, plus 200 billion on “quality tourism.” According to the Office of the National Economic and Social Development Board, the Eastern Seaboard is now Thailand’s major industrial production base,…
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