EEC board approves four more mega infrastructure projects

13 Sept 19:07 Key points summarised by AI

The EEC board has approved four new mega infrastructure projects, bringing the total to five under the flagship Eastern Economic Corridor (EEC) scheme.
These five projects collectively represent an investment of 652.5 billion baht, with 32% from the government and 68% from private investors via public-private partnerships.
Key projects include a high-speed train linking Suvarnabhumi, Don Mueang, and U-Tapao airports; development of U-Tapao airport and an aviation city; a U-Tapao aircraft repair center; and expansions of Lam Chabang Port (Phase 3) and Map Ta Phut industrial port (Phase 3).
The board also acknowledged a draft plan for digital infrastructure development within the EEC, featuring eight projects aimed at establishing Thailand as a regional economic hub.

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.