thailand is at the centre of the mainland asean, surrounded by presentation th.pdf · eastern...
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SOURCE: IHS, Global Insights
2050 real GDP - projected
(2010 USD bn)
GDP growth CAGR1
between 2013-2050
(%)
Thailand is at the centre of the Mainland ASEAN, surrounded by the fastest-growing economies such as ASEAN, India, and China
Rest of Mainland ASEAN Rest of ASEAN, China and IndiaThailand
US
37,624(2.4%)
INDIA
BRAZIL
6,026(1.4%)
GERMANY
5,495(2.1%)
UK
RUSSIA
3,086(1.7%)
6,338(2.7%)
ASEAN
4,393(1.3%)
FRANCE
CHINA
40,894(4.7%)
17,503(6.0%)
10,507(4.3%)
JAPAN
7,221(0.7%)
40% of the global GDP in 2035 will come from ASEAN, China and India
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EEC as Central Hub for Seamless Connectivity & Logistics
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Thailand’s Macroeconomic Outlook:GDP Growth exceeding new normal (> 3%) Private investment positive for 3 consecutive years
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Source: NESDB as of November 2018
Thailand’s Macroeconomic Stability:Low Public Debt/GDP & High Foreign Reserves
Foreign Exchange Reserves (USD Million)
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
2015 2016 2017 2018 2019Q1 2019Q2
Total Investment and Private Investment (%)Total Investment (%) Private Investment (%)
0.9
2.8
3.3
3.94.2
3.2
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
2014 2015 2016 2017 2018 2019f
Thailand GDP Growth (%)
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CHACHOENGSAOPopulation: 0.82 million
Area: 5,351 million sq.m.
CHONBURIPopulation: 2.27 million
Area: 4,363 million sq.m.
RAYONGPopulation: 1.00 million
Area: 3,552 million sq.m.
Eastern Economic CorridorTotal Area: 13,266 million sq.m.
• City/ community: 1,696 million sq.m.• Industrial area: 678.4 million sq.m.• Agricultural area: 7,792 million sq.m.• Green area: 2,672 million sq.m.
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Infrastructure ProgressMap Ta Phut Port
Contract signed 1st October 2019
High-Speed Train
Contract signing by 25th October 2019
U-Tapao International Airport
Contract signing by the end of 2019
Laem Chabang Port
Contract signing by the end of 2019
Construction starts early 2020
Year of operation: 2024/2025
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Investment Promotion (Jan-Sep 2019) in EEC
Targeted Industries
84 Investors2,315 mil. USD
122 Investors, 1,624.40 million USD
98 Investors, 2,166.98 million USD
45 Investors, 350.89 million USD
Total investment 265 Investors
4,145.22 mil USD
Automotive1,013.96 mil.USD
Bio-fuel, bio-chemical981.92 mil.USD
Automation and Robotics75.55 mil.USD
Aviation and Logistics25.44 mil.USD
Electronic165.65 mil.USD
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Total area: 101.59 km²
Available area: 30.02 km²
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Node 1• Next Generation Automotive• Robotics, Advanced & Precision
Manufacturing• Sea & Rail Logistics Integration• Free Trade Zones & Logistics
Villages
Node 2• Hotel & Meeting Facilities• Medical & Healthcare facilities• Education Facilities• Financial Facilities
Node 3• Aerospace Parts• Smart Electronics, Hi-Tech
Equipment• E-Commerce• Air Logistics for Medical
Products/Perishable & FTZ
Node 4• Tourism and Medical Tourism• MICE Industry
Node 5• Education & Training Hub• Biochemical R & D• Petrochemical Services
Aerotropolis Land Use
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1. Smart Environment-Efficiently manage resources in a sustainable and integrated manner.-Monitor the environmental quality for the wellbeing of citizens.-Being adaptable to cope with environmental disasters in order to ensure citizen safety.
2. Smart Governance-Consists of 3 agencies responsible for city development, business management, and city governance. -Emphasize on cooperation, transparency, fairness and efficiency for the satisfaction of citizens.-Support and promote medical R&D.-Support the further development of local industrial knowledge. 3. Smart Living
-Comprehensive security system-Build an environment that promotes local culture, new activities, and startups.-Connect with surrounding communities-Sufficient number of hospitals for accessibility by everyone.
4. Smart Energy-Mainly rely on clean energy.-Promote the research and development of green energy. 5. Smart Economy
-Support the organization of creative cultural activities and promote investment through creative economy. -Promote economic value creation for communities and the country.
6. Smart Transportation-Good public transportation system, including road, bridges, and walkways.-Public transport infrastructure that connects the outer city to the inner city, with parking spots and accessible green transportation network.-Efficient inner city network that integrates well with the city template, with link to emergency network routes.-Wholly integrated with technological system and innovation through the control center.
7. Smart People-“Smart Learning and Sharing” knowledge center-Public parks-Technology the meets every demand
Factors that make city livable
Safety & Security
Healthcare
Culture & Environment
Education
Infrastructure
Smart IoT
Smart Cities
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THAILAND PLUS PACKAGE MEASUREAPPROVED BY THE CABINET ON 7 OCTOBER 2019
▪ 200-250% expense deductibleHuman
Resource Development
▪Review List 3 of the Foreign Business ActEase of Doing
Business
▪ 200% expense deductible StrengtheningSupply Chain
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Your Sincere Supporter,Your Partner in Thailand
EEC-OSS
In accordance with the EEC act, the EEC’sOne-Stop Service holds the equivalent powerand authority as the related governmentagencies to approve, permit, grant the rightsand concessions under 8 related laws
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www.eeco.or.th