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Chinese firms fuel Thailand's gateway ambitions
Chinese firms fuel Thailand's gateway ambitions

The Star

time3 days ago

  • Automotive
  • The Star

Chinese firms fuel Thailand's gateway ambitions

Chinese firms have brought higher-value, more complex and novel technologies to Thailand, marking a significant strategic shift away from traditional manufacturing. — Xinhua BANGKOK: Chinese investment is driving a wave of high-value projects in Thailand's Eastern Economic Corridor (EEC), focusing on advanced technology sectors and fuelling the country's ambition to become a crucial global export hub, a top EEC official says. Initiated in 2017, the EEC is Thailand's flagship area-based development project, designed to transform three eastern provinces into a leading economic zone for high-tech industries through massive infrastructure upgrades and attractive investment incentives. As a key foreign investor, Chinese firms have brought higher-value, more complex and novel technologies to Thailand, marking a significant strategic shift away from traditional manufacturing, said Chula Sukmanop, secretary-general of the EEC Office. 'The emergence of advanced Chinese technologies made in Thailand has strengthened the kingdom's goal to be a gateway for exporting high-tech products,' Chula told Xinhua in an interview. This trend is most evident in the automotive industry, where leading Chinese brands, including BYD, Changan, GAC Aion, Great Wall Motor and MG, have established production facilities within the EEC to serve both Thai markets and export destinations. Beyond car manufacturing, Chinese investment has developed the entire supply chain and infrastructure for electric vehicles (EVs), encompassing batteries, charging stations, energy storage and related components, Chula noted. Thailand's Board of Investment has so far approved investments totalling 137.7 billion baht (US$4.25bil) in the EV supply chain, including 21 projects for battery EV production with a combined capacity of up to 386,000 units per year. For the first half of 2025, production of passenger battery EVs increased 380% year-on-year to 23,798 units, accounting for 3.28 % of total auto manufacturing in Thailand, data from the Federation of Thai Industries showed. Under the Thai government's investment promotion, the South-East Asian country aims to convert 30% of its annual auto production to zero-emission vehicles by 2030 as part of its transition towards green mobility. Aside from the automotive sector, Chula said two other areas of interest for Chinese investors that also align with the government's targeted industries are the digital technology sector and the Bio-Circular-Green (BCG) economy, which focuses on sustainable and circular manufacturing. Looking ahead, Chula emphasised that Thailand aims to be a strategic partner for China, filling gaps and providing a platform to showcase its advanced technology, building on the golden jubilee of Thai-Sino diplomatic relations and a strong people-to-people connection. — China Daily/ANN

Chinese investment fuels Thailand's ambition as global export gateway: Thai official
Chinese investment fuels Thailand's ambition as global export gateway: Thai official

The Star

time4 days ago

  • Automotive
  • The Star

Chinese investment fuels Thailand's ambition as global export gateway: Thai official

BEIJING: Chinese investment is driving a wave of high-value projects in Thailand's Eastern Economic Corridor (EEC), focusing on advanced technology sectors and fueLling the country's ambition to become a crucial global export hub, a top EEC official has said. Initiated in 2017, the EEC is Thailand's flagship area-based development project, designed to transform three eastern provinces into a leading economic zone for high-tech industries through massive infrastructure upgrades and attractive investment incentives. As a key foreign investor, Chinese firms have brought higher-value, more complex, and novel technologies to Thailand, marking a significant strategic shift away from traditional manufacturing, said Chula Sukmanop, secretary-general of the EEC Office. The emergence of "advanced Chinese technologies made in Thailand" has strengthened the kingdom's goal to be a gateway for exporting high-tech products globally, Chula told Xinhua in a recent interview. This trend is most evident in the automotive industry, where leading Chinese brands, including BYD, Changan, GAC Aion, Great Wall Motor, and MG, have established production facilities within the EEC to serve both domestic Thai markets and export destinations. Beyond car manufacturing, Chinese investment has developed the entire supply chain and infrastructure for electric vehicles (EVs), encompassing batteries, charging stations, energy storage, and related components, Chula noted. Thailand's Board of Investment has so far approved investments totalling 137.7 billion baht ($4.25 billion) in the EV supply chain, including 21 projects for battery EV production with a combined capacity of up to 386,000 units per year. For the first half of 2025, production of passenger battery EVs increased 380% year-on-year to 23,798 units, accounting for 3.28% of total auto manufacturing in Thailand, data from the Federation of Thai Industries showed. Under the Thai government's investment promotion, the country aims to convert 30% of its annual auto production to zero-emission vehicles by 2030 as part of its transition toward green mobility. Aside from the automotive sector, Chula said two other areas of interest for Chinese investors that also align with the government's targeted industries are the digital technology sector and the Bio-Circular-Green (BCG) economy, which focuses on sustainable and circular manufacturing. Looking ahead, Chula emphasised that Thailand aims to be a strategic partner for China, filling gaps and providing a platform to showcase its advanced technology, building on the golden jubilee of Thai-Sino diplomatic relations and a strong people-to-people connection. The goal includes expanding cooperation in the broader environmentally friendly mode of transport, ranging from electric buses, trucks, and railways to the development of "green ports" with electric-based operations, many of which are expected to utilise technologies originating from China, he said. With China's substantial investment in research and development, he expressed hope that Thailand will become an ideal ground where "research-based technology" can be transformed into commercial products for the global market. - Xinhua

Chinese investment fuels Thailand's ambition as global export gateway, says Thai official
Chinese investment fuels Thailand's ambition as global export gateway, says Thai official

New Straits Times

time6 days ago

  • Automotive
  • New Straits Times

Chinese investment fuels Thailand's ambition as global export gateway, says Thai official

Bernama-Xinhua BANGKOK: Chinese investment is driving a wave of high-value projects in Thailand's Eastern Economic Corridor (EEC), focusing on advanced technology sectors and fueling the country's ambition to become a crucial global export hub, a top EEC official has said. Initiated in 2017, the EEC is Thailand's flagship area-based development project, designed to transform three eastern provinces into a leading economic zone for high-tech industries through massive infrastructure upgrades and attractive investment incentives, reported Xinhua. As a key foreign investor, Chinese firms have brought higher-value, more complex, and novel technologies to Thailand, marking a significant strategic shift away from traditional manufacturing, said Chula Sukmanop, secretary-general of the EEC Office. The emergence of "advanced Chinese technologies made in Thailand" has strengthened the kingdom's goal to be a gateway for exporting high-tech products globally, Chula told Xinhua in a recent interview. This trend is most evident in the automotive industry, where leading Chinese brands, including BYD, Changan, GAC Aion, Great Wall Motor, and MG, have established production facilities within the EEC to serve both domestic Thai markets and export destinations. Beyond car manufacturing, Chinese investment has developed the entire supply chain and infrastructure for electric vehicles (EVs), encompassing batteries, charging stations, energy storage, and related components, Chula noted. Thailand's Board of Investment has so far approved investments totaling 137.7 billion baht (about US$4.25 billion) in the EV supply chain, including 21 projects for battery EV production with a combined capacity of up to 386,000 units per year. For the first half of 2025, production of passenger battery EVs increased 380 per cent year-on-year to 23,798 units, accounting for 3.28 per cent of total auto manufacturing in Thailand, data from the Federation of Thai Industries showed. Under the Thai government's investment promotion, the Southeast Asian country aims to convert 30 percent of its annual auto production to zero-emission vehicles by 2030 as part of its transition toward green mobility. Aside from the automotive sector, Chula said two other areas of interest for Chinese investors that also align with the government's targeted industries are the digital technology sector and the Bio-Circular-Green (BCG) economy, which focuses on sustainable and circular manufacturing. Looking ahead, Chula emphasised that Thailand aims to be a strategic partner for China, filling gaps and providing a platform to showcase its advanced technology, building on the golden jubilee of Thai-Sino diplomatic relations and a strong people-to-people connection. The goal includes expanding cooperation in the broader environmentally friendly mode of transport, ranging from electric buses, trucks, and railways to the development of "green ports" with electric-based operations, many of which are expected to utilise technologies originating from China, he said. With China's substantial investment in research and development, he expressed hope that Thailand will become an ideal ground where "research-based technology" can be transformed into commercial products for the global market.

EEC Honours Top Community Services with 2025 Awards
EEC Honours Top Community Services with 2025 Awards

Bangkok Post

time15-07-2025

  • Business
  • Bangkok Post

EEC Honours Top Community Services with 2025 Awards

Pattaya, July 16, 2025 — The Eastern Economic Corridor Office (EECO) will host the 'EEC Select Best Service 2025' certification ceremony at Central Festival Pattaya Beach, honouring 25 entrepreneurs from Chachoengsao, Chonburi, and Rayong whose products and services exemplify excellence, innovation, sustainability, and local identity. The event will be presided over by Dr. Chula Sukmanop, Secretary-General of the Eastern Economic Corridor Policy Committee (EECO). The certified community-based businesses span six categories: food and beverage, community tourism, hotels and accommodations, retail and souvenirs, spa and wellness, and service-related products. Each offering was evaluated for quality, innovation, use of local raw materials, environmental responsibility, and contribution to employment and income in the EEC region. Certification is awarded on a three-tier system: 1 star (score ≥ 65), 2 stars (≥ 75), and 3 stars (≥ 85). 'EEC Select Best Service is a mechanism to elevate local services to international standards under the concept 'Local Roots to Global Reach,'' said Dr. Chula. 'This initiative aims to build consumer trust, expand marketing opportunities, and promote sustainable community income.' Visitors to the event can explore and shop from all 25 certified entrepreneurs. The first 100 registrants on-site will receive a THB 100 gift voucher for use at the venue. Registration begins at 11:30 AM at the Promotion Zone, 1st Floor. Additionally, the event will feature three interactive craft and culinary workshops:

Peak in the Park takes over the grass with pets, films and live orchestra
Peak in the Park takes over the grass with pets, films and live orchestra

Time Out

time16-05-2025

  • Entertainment
  • Time Out

Peak in the Park takes over the grass with pets, films and live orchestra

Chula's 100th Anniversary Park is going paws first. For the first time ever, the Property Management of Chulalongkorn University and Skyline Film Bangkok May 16-18, from 6.45-8.45pm. Kick back with your best four-legged friends and stretch out on the grass for three handpicked dog lover films: May 16 : You've Got Mail May 17 : Hachi May 18 : 101 Dalmatians Before the sun dips and movie nights begin, catch mellow orchestra tunes from Chula's own ensemble 4.30pm-6.30 pm, along with tasty bites from Banthat Thong's cult-fave food stalls. The vet faculty of Chulalongkorn University will also host a free doggo health check station. All proceeds after costs go to the student led stray animal club so your pup's wellness check does more good than one tail wag.

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