Thailand’s Economic Growth and Infrastructure Plans (AEC Blueprint 2025)

Thailand’s Economic Growth and Infrastructure Plans (AEC Blueprint 2025)

After joining AEC in 2015, Thailand has been undergoing an economic development, with many projects throughout the years. One of the major large-scaled development projects is the EEC, which covers many of the eastern provinces in Thailand. 

The AEC Blueprint (2025) is a vision, which plans to transform ASEAN into a large single market and production base, to become a highly competitive economic region, with huge economic development and fully integrates into the global economy. It’s a continuous process to strengthen and build efforts to sustain the regions economic community. 

Eastern Economic Corridor (EEC)
o    New growth hubs, starting with the EEC which covers Rayong, Chonburi, and Chachoengsao provinces (total area of 13,000 sq.k). The government is also set to accelerate the area’s readiness to support all aspects of investment and economic growth, and fully expects that the EEC will be an important center for trade, investment, regional transportation, and a strategic gateway to Asia.

Some of the development and investment projects include:
-    U-Tapao airport and aircraft maintenance
-    Sattahip commercial sea port
-    Further development of Lam Chabang & Map Ta Phut ports
-    Develop a high-speed eastern rail route
-    Develop double track railways through the eastern provinces
-    Expand highways and motorways
-    Develop next generation automotive vehicles with focus on battery and electric vehicles
-    Develop aviation industry, lifestyle robotics, and smart electronics
-    Advanced petrochemical and bio-economy
-    Turn eastern provinces into a medical hub
-    Promote and facilitate tourism in eastern provinces
-    Develop eastern provinces into a global business hub
-    Create new cities to support a surge in eastern population with focus on inclusive growth
-    Strengthen public utilities

What can we look forward to in the future?
Rest assure, as more funding is being secured, there are further plans to continue with infrastructure plans, improving international quality education and health care, increase investment in digital projects, electronics, automotive industries, agriculture, science and medicine, robotics and aerospace.