China, Japan, Thailand seek trilateral business cooperation in Thailand''s EEC

6/1/2018 - 3:08:30 PM

Representatives from China, Japan and Thailand on May 31 spoke highly of Thailand's Eastern Economic Corridor (EEC) and expressed willingness to push for trilateral business cooperation there.

The EEC is the flagship project of "Thailand 4.0" strategy, which calls for extensive participation of the international community. (Illustrative Image/EECO)

The comments came at an international seminar held here in the Thai capital Bangkok on May 31 to discuss trilateral cooperation in the EEC.

Ning Jizhe, deputy head of China's National Development and Reform Commission, said leaders of the three countries attach great importance to the trilateral cooperation concerning the EEC.

The EEC plays a significant part in boosting local economic growth, and elevating the level and quality of industrial development, he added.

The Chinese official called on the three sides to step up policy communication and exchanges between government agencies, provide business communities with better guidance and services while encouraging them to give play to their respective advantages and conducting mutually beneficial cooperation.

Uttama Savanayana, Thailand's minister of industry, said the EEC is the flagship project of "Thailand 4.0" strategy, which calls for extensive participation of the international community.

Business cooperation among Thailand, China and Japan will not only benefit the three countries, but also help promote the development of the surrounding area, he said, adding that Thailand stands ready to assist the cooperation in a sustained and comprehensive manner.

Japanese Ambassador to Thailand Shiro Sadoshima said the Japanese government is willing to work for the business cooperation of the three countries and create an enabling environment for realizing win-win outcomes of all parties.

According to the Eastern Economic Corridor Office (EECO), the EEC Development Plan under scheme of Thailand 4.0 aiming to revitalise and enhancing of the well-known Eastern Seaboard Development Program that had supported Thailand as a powerhouse for industrial production in Thailand for over 30 years.

The EEC project will, initially, be focused in 3 eastern provinces namely Chachoengsao, Chonburi and Rayong.

Source: NDO

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