ASIA

Economic Corridor ( EEC ), a region along its eastern seaboard where at least 1.5trn Thai Baht is set to be invested over the next five years to transform its logistics infrastructure . Major work is being undertaken at the nearby U-Tapao International Airport and Laem Chabang deep sea port , on top of considerable road and rail upheaval .

Companies from around the world are being incentivised to bring business to the EEC , with corporate income tax exemptions of up to 13 years available if they meet certain criteria .

“ It will mean that we ’ ll have companies that before were not considering Thailand as a potential hub ,” says Derbaudrenghien . “ They will have more incentives to see Thailand as a perfect location in order to develop further their business . From there on , they can be involved in and develop both the domestic markets and the exports markets in the region too .

“ The locations for supply chain are really , really important . The government has made quite some effort in order to make roads better . They will have a railway too that will give the opportunity to send goods all over Thailand and even to China . “ All this connectivity will help not only the logistics , but I think industry in general in order to support further development and more efficient development .” www . supplychaindigital . com 101