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Delays to key infrastructure projects in EEC discourage foreign investors

Delays to key infrastructure projects in EEC discourage foreign investors

13 Sept 12:42 Key points summarised by AI
  • Foreign investors are hesitant to commit to Thailand's Eastern Economic Corridor (EEC) due to prolonged delays in crucial infrastructure projects.
  • The high-speed train project, connecting three major airports, has been stalled for four years since its 2019 contract, facing issues like land handover and contractor delays in seeking investment privileges.
  • These project delays significantly undermine the entire EEC development plan, deterring foreign investment and impacting other key initiatives like airport and port expansions.
  • The State Railway of Thailand (SRT) is exploring options to address the high-speed train project's impasse, including contract amendment or revocation.
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