French firms eye big ticket investment in Thailand’s EEC

[webfact]

 

In a bid to fortify its economy, the Thai government is extending an invitation to French corporations to make significant investments in the Eastern Economic Corridor (EEC). Identified as an ideal zone for the development of a high-tech industrial park, the EEC comprises sections of Chachoengsao, Chon Buri, and Rayong.

 

The authorities have identified aviation alongside 11 other S-curve industries as prime investment opportunities within the economic corridor. “EEC officials met executives from French companies and they are interested in investing in the corridor,” revealed Chula Sukmanop, the secretary-general of the EEC Office, post a thorough roadshow dedicated to French entrepreneurs.

 

Several corporations, particularly those engaged in the aerospace and defence industries, have signalled their intent to dive into these investment ventures. These include renowned names such as Safran Group, Thales Group, Satys Aerospace, Volocopter, GIFAS, and VoltAero. Other significant meetings involved Total Energies, Dassault Systemes, Renault Group and Mouvement Des Entreprise De France, heralded as France’s largest employer federation.

 

by Alex Morgan

Image: Chula Sukmanop (second from right) visiting the Paris Airshow, Image courtesy of Bangkok Post

 

#news

Full story: https://thethaiger.com/news/business/french-firms-eye-big-ticket-investment-in-thailands-eec

 

-- © Copyright Thaiger 2023-07-08

 

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[hotchilli]

Interest that's all....

With Thailands political history and close ties to China I would favour India as a future production hub

[BenStark]

2 hours ago, webfact said:

Of course they all accept the invitation of the Thai government.

 

Travel and accommodation costs subsidized by the government, spend a few hours in one of the fairs, then the rest of the day, hello Nana here I come

[phetphet]

I thought the EEC was for the benefit of China along side their belt and road initiative.

[Cake Monster]

4 hours ago, webfact said:

“EEC officials met executives from French companies and they are interested in investing in the corridor,”

Only a little bit of inters being shown - thats all

No doubt due diligence will be performed by these Corporations , and will attain the same results as Airbus 

[brianthainess]

What government ?