Thailand sees US$10bil investment in industrial east this year as only 80 Covid-19 cases confirmed on Monday (March 1)

Image courtesy of The Nation Thailand/ANN.

BANGKOK, March 1 (Reuters): Thailand expects investment to triple to at least US$10 billion in the country's industrial east this year as investment projects previously held by the coronavirus outbreak get pushed forward again as the pandemic eases, an official said on Monday.

Actual investment in the Eastern Economic Corridor (EEC) could be at least 300 billion baht (US$10 billion) this year, up from 96 billion baht in 2020, or 46% of total project applications, EEC head Kanit Sangsubhan told a briefing.