Thailand’s medium- and long-term economic outlook remains bright it makes progress with development plans aimed at bolstering the business environment, diversifying the industrial base and attracting higher levels of foreign investment. One of these blueprints is the Eastern Economic Corridor (EEC) Act, which was laid out in February 2018 and established a set of attractive investor incentives for EEC projects. Thailand’s exports also picked up pace in the second half of 2017 to exceed market expectations, with gross exports rising by 7.5%, the largest expansion recorded since 2011.
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