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T HA IL A ND


43


AIR, LAND AND SEA The heart of the initiative lies in the Eastern Seaboard provinces of Chonburi, Chachoengsao and Rayong, which will receive the lion’s share of investment and economic incentives, and form the new Eastern Economic Corridor (EEC). This strategic region lies on the Gulf of Thailand, in close proximity to Bangkok, and has been a powerhouse for industrial production in Thailand for the past 30 years. Home to 3,788 factories with integrated deep-sea ports and rich in energy sources and raw materials, it has been a major backbone in shiſting the country from an agricultural economy to an industrial-focused one. Now it’s once again being looked upon as the gateway to the next future economy – Thailand 4.0 – and is expected to create 100,000 jobs, garner an annual income of THB450 billion (US$13.5 million) and boost the country’s annual GDP growth to 5 per cent.


bus ine s s tr a v el ler .c om


THAILAND 4.0: TEN S-CURVE INDUSTRIES


• Luxury and medical tourism • Biofuel and biochemicals • Food processing • Healthcare • Advance agriculture and biotechnology • Aviation and logistics • Intelligent electronics • Robotics • Next-gen automotive • Digital industry


SEP T E M B ER 2 0 18


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