Wednesday, February 26, 2020

Japan takes lion’s share in EEC foreign investment

Must Read

A Hard Touch of China’s ‘Soft Power’ in Central Asia

Since gaining independence in 1991 and embarking on the path to economic development, Central Asian countries that were...

ADMM+ a plus for mitigating US–China rivalry

Author: See Seng Tan, NTU The ASEAN Defence Ministers’ Meeting Plus (ADMM+) turns 10 years old at a time when...

Ramifications of Australia’s China travel ban

Author: Bryan Mercurio, CUHK The novel coronavirus is spreading rapidly through China and remains a global threat to health. Over...

Chinese Firms Race to Contain Job Losses as Coronavirus Batters Economy

BEIJING—When cameraman Mark Xia returned to his job this month after the Lunar New Year holiday, the Shanghai...

Trump’s trade deal poses new dangers to Southeast Asia

Author: Calvin Cheng, ISIS Malaysia After two years of alternating between tense escalation and fleeting periods of calm, the United...

Foreign investment via their joint ventures with Thai partners (foreign shareholding at 49 per cent) in the EEC stood at Bt752.780 billion.

Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.

Vuttikrai said that investors from Cayman Islands were interested in the production of electricity controls and distribution equipment, holdings, and communications devices.The EEC covers Rayong, Chon Buri and Chachoengsao provinces.

The number of new companies registering in the Eastern Economic Corridor (EEC) from January to August this year rose 2.03 per cent year on year to 4,976, according to the director-general of the Department of Business Development, Vuttikrai Leewiraphan.

Their total registered capital was Bt17.462 billion, up 38.05 per cent year on year. The top three business sectors were: real estate companies totalling 829 companies, with total capital of Bt2.364 billion, followed by building construction companies (398) with Bt661 million, and restaurants (183) with Bt438 million.

Marginal increase in new companies registering in the EEC

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

A Hard Touch of China’s ‘Soft Power’ in Central Asia

Since gaining independence in 1991 and embarking on the path to economic development, Central Asian countries that were...

ADMM+ a plus for mitigating US–China rivalry

Author: See Seng Tan, NTU The ASEAN Defence Ministers’ Meeting Plus (ADMM+) turns 10 years old at a time when the US–China rivalry is intensifying....

Ramifications of Australia’s China travel ban

Author: Bryan Mercurio, CUHK The novel coronavirus is spreading rapidly through China and remains a global threat to health. Over 75,000 people have contracted the...

Chinese Firms Race to Contain Job Losses as Coronavirus Batters Economy

BEIJING—When cameraman Mark Xia returned to his job this month after the Lunar New Year holiday, the Shanghai video production house where he...

Trump’s trade deal poses new dangers to Southeast Asia

Author: Calvin Cheng, ISIS Malaysia After two years of alternating between tense escalation and fleeting periods of calm, the United States and China reached a...

More Articles Like This

- Advertisement -
Thailand Business News