Transcription

“Eastern Economic Corridor Development project”Driving Forward 15th February 2017

Thailand 4.0Smart Phone for telephoneT 1.0Smart Phone for e-mail anddaily useT 2.0Smart Phone as a computer forinternet and seeking newknowledgeT 3.0T 4.0Smart Phone as a mean tocreate job and income throughnetwork and new innovationThailand 4.0 use technology to createincome -- work smart, earn more.And leave no one behind

EEC: Putting Thailand 4.0 in Action via Area-based DevelopmentThailand 4.0SMART TECHOLOGY with SMART PEOPLEMatch to the real demand and leave no one behindBangkokEastern Economic Corridor:EECEECThe First Area-BasedDevelopment T4.0 in Action IndustrialPolicies in ActionBio TechHealth TechRobotic TechChachengsaoChonburiRayongCulture/creativity3

EEC builds on 30 successful years of Eastern SeaboardThailand Eastern Seaboard Development Project. The beginning of the Thailand’s Industrialization The first industrial clusters for exports:Textiles, Electronics, Automobiles The first energy and petrochemical complexMaptaput: Refinery, Gas separation plant, Plastic and chemical The first integrated infrastructure for industrial needsLeam Chabang Seaport, Motorway, Double track railway. Highly successful area development A famous destination for FDI Exports raised 12%, Industry grew 12%, Economy grew 7% perannum during the first 20 years.4

Why wait ? EEC is the best strategic location of the region South Korea JapanChinaIndiaTo USCLMVCombined GDP of East Asia,ASEAN, India region*represents 1/3 of world’s GDPGateway to Asia - reachingmore than half of world’spopulationEEC will represent the largestinvestment projects in ASEAN,in terms of budget and areaASEANTo EUTo Oceania5

Why wait ? Regional Connectivity Center of East-West Economic Corridor and North-South Economic CorridorConnect Indian Ocean with Pacific Ocean, CLMV, South gMaptaputMalaysiaSingaporeCambodia6

Why wait ? Existing Industries and InfrastructuresDouble-Track RailwayMotorwayDeep SeaportAirportIndustrial EstateIndustrial Park7

How to? 4 core areas will be developed to be World-class economic zoneReady to be upgraded To be World-class economic zoneInfrastructureAviation HubLogistics HubTrading HubAdv. Manufacturing HubTourism HubInnovation HubBusiness, Industrial clustersand Innovation hubTourismNew cities andcommunitiesGlobal Business HubMetropolis of the Future8

How to? 4 Core areas .15 Crucial Investment 31415U-Tapao airport and aircraft maintenanceSattahip commercial seaportLaem Chabang port phase#3Map Ta Phut port phase#3 EECiHigh-speed rail – east routeInnovation HubDouble-track railwayHighways and motorwayNext-generation automotive (EV/AV)Aviation industry, Robotics, Smart electronicsAdvanced petrochemical and Bioeconomy Digital Infrastructure- Digital ParkMedical hub- Data CenterTourismGlobal Business Hub / Free Economic ZoneNew Cities, Inclusive growthPublic Utilities9

TargetCombined Public and Private Investments at least1.5 Trillion baht ( 43Billion USD) in the first 5 yearsU-Tapao international airportNew Cities / Hospitals200,000 million baht ( 5.7 Bill USD)400,000 million baht ( 11.5 Bill USD)Tourism200,000 million baht ( 5.7 Bill USD)Map Ta Phut port10,150 million baht ( 0.3 Bill USD)EECIndustry500,000 million baht ( 14 Bill USD)Laem Chabang port88,000 million baht ( 2.5 Bill USD)High-speed train158,000 million baht ( 4.5 Bill USD)Note : Estimated investment amount shownMotorway35,300 million baht ( 1 Bill USD)Dual-track railway64,300 million baht ( 1.8 Bill USD)11

How to?EEC in action and timelineSEZ PolicyCommissionMeetingCabinet approvedBudget of7 billion baht for2017-2018Mar 7, 20161Jan 4, 201732Oct 4, 2016Cabinet approvedDraft EEC Act.First informal EECCommitteemeeting4Jan 17, 20175 High PrioritiesprojectscommencingFeb 1, 20175NCPO Section 44 establishedSpecial EEC Committee toactively drive EEC progress6Q2, 2017EEC Act expected tocome into force

How to? 5 High priority projects to start in 2017Laem ChabangPort-3 million tourists-MRO (Maintenance Repair & Overhaul center) Firstphase by Thai Airways and strategic alliances-Start constructing 2nd runway-Grant concession for new city airportLaem ChabangPort-Provide PPP for bidding 3rd phaseHigh Speed Rail-Provide PPP for bidding to connect 3 airportsTarget Industries-Acquire lead investors for target industries-Develop city planning and identify location13U-TapaoAirportNew Cities

#1 U-Tapao Airport city, first phase towards AerotropolisNew High-SpeedRail connectionNew Commercial area 675 rai(1.08 million sq.m.)New Passenger Terminal 1,400rai (2.24 million sq.m)Existing TerminalRuRnunway1StPhaseFullPhaseway21Existing RunwayNew Free Trade zone 950rai (1.52 million sq.m.)Maintenance Repair Overhaul (MRO)570 rai (0.912 million sq.m.)Training Center 200 rai(0.32 million sq.m.)New Runway14

#2 Laem Chabang phase 3, towards World’s Top 10 portsPhase 3Phase4Railway connection Expansion to support growth Double containersaccommodation,from 7 to 18 million TEU/year Triple car exportaccommodation,from 1 to 3 million units/year Logistics hub and Gateway forIndo-China Move into world’s Top 10 ports15

#3 High-Speed and Double-track railwaysConnect 3 International Airports within 1 hour with High-Speed RailwayConnect 2 International Ports with Industrial ClustersHigh-Speed Rail: Bangkok - le-track railway: Connect major ports withIndustrial clustersSrirachaPattayaHigh-speed trainDouble-track railway (Current)Proposed double-track railway routeNew double-track railway routeRayongU-Tapao- Connect 3 main airports: Donmuang, Suvarnabhumi, andU-Tapao in 1 hour- Suvarnabhumi to U-Tapao in 45 minutes- Accommodate 110 million passengers/year- Upgrade to double-track from Laem Chabang toMap Ta Phut seaport- New routes. Laem Chabang – Pluak Daeng – Rayong in the pipeline Map Ta Phut – Rayong – Chantraburi – Trat under study16

#4 Target Industries in EEC. New technology and Innovation to create greater valueBioeconomyFunctional FoodAuto, Auto parts, Electronics, andRoboticsSmart AutomobilesAviation, Maintenance andRelated BusinessesAircraft parts and spare partsMedical HubWellness CenterBioplasticElectronic partsMaintenance, Repair andOverhaul (MRO)Medical CenterCosmeticRobotics for industrial and lifestyleuseAir CargoMedicines and Devices

#5 New Eco Cities Inclusive growth, Green environmentEnhanced urbanization, communities, quality oflife and enviroment to international standardsNew CityMuang ChachoengsaoChachoengsaoMuang ChonburiBaan BuengLaem ChabangBanglamungNew CityPattayaNew CityBaanChangMap Ta PhutLeading universities and international schoolsLeading hospitals and medical centersChonburiRayongNew CityMuang RayongBaan PaeQuality tourism spotsRegional commercial centersEEC Communities development funds18

Special Privileges and Incentives for EEC Most favourable in Thailand, internationally competitive Focus on- Target industries with high technology- Infrastructures and logistics development- R&D and Technology support services- TourismBOI Special PrivilegesEEC to become investment promotion zone BOI standard package plus 50% CIT reduction for another 5 years Potential 15 years CIT waiver plus grants for strategic projects in EEC(Thailand Competitive Fund)On top of BOI privilegesPotential maximum 17% PIT for management, investor, expert of companiesin target industries with HQ and facilities situated in EEC(Ministry of Finance)19

Key enablers in the pending EEC Act (2017)Social Infrastructure:Modern living standardPhysical Infrastructure:Making investment feasible Private sector led investmentLong-term land lease (50 49 years)Fast-track- Special PPP Process (3 months approval)- EIA Process Incentives:EEC exclusives Tax-incentives CIT / PIT / Free trade zoneNon-tax incentives VISA work permitFinancial incentives Holding foreign currencyaccountOne stop servicesPromoting city developmentInternational schoolInternational hospital / medical hubClean and GreenWorld class power/water/waste treatmentCommunity based Development:Inclusive process Special Fund for EEC communities- Health- Environment- Education

Mission EECFIRST S-CURVEModern automotiveBangkokLogistics HubChachoengsaoNew Chachoengsao CityFood ProcessingAgricultural TechnologyModern automotiveChonburiSmart electronicsTourismNew Pattaya CityRayongAgricultural TechnologyFood ProcessingRoboticsNew Rayong CityBioeconomySmart electronicsFood iationLogisticsBioeconomyMedical hubDigitalAviation industry21

EEC Collective driving force.Public-Private PartnershipKey Committee MembersEEC Policy CommitteeChairperson, Prime Minister General Prayut Chan-o-chaEEC Management CommitteeChairperson, Minister of Industry, Uttama SavanayanaEastern Economic Corridor OfficeEEC Secretary- General, Kanit SangsubhanEastern Economic Corridor Office(EECO)Ministry of Industry75/6 Rama VI Road, Ratchathewi,Bangkok 10400, ThailandE-mail : eeco p@industry.go.thOffice of the Prime MinisterMinistry of DefenceMinistry of TransportMinistry of FinanceMinistry of IndustryMinistry of InteriorMinistry of EducationMinistry of Science and TechnologyMinistry of Digital Economy and SocietyMinistry of Tourism and SportsRoyal Thai Armed ForceRoyal Thai ArmyRoyal Thai NavyRoyal Thai Air ForceRoyal Thai Police DepartmentOffice of the Attorney GeneralOffice of the Council of StateNESDBBureau of the BudgetBOIRepresentatives from Private Sectors

75/6 Rama VI Road, Ratchathewi, Bangkok 10400, Thailand E-mail : eeco_p@industry.go.th EEC Collective driving force.Public-Private Partnership Key Committee Members Office of the Prime Minister Ministry of Defence Ministry of Transport Ministry of Finance Ministry of Industry Ministry of Interior Ministry of Education Science and Technology