Thailand’s tourism industry is expected to get a strong boost from the government’s Thailand 4.0 and Eastern Economic Corridor policies that include expansion plans for airports and other major projects, according to the Thailand Convention and Exhibition Bureau (TCEB).
The strategic EEC plan covers Chon Buri, Rayong and Chachoengsao provinces and is expected to draw more than Bt1.5 trillion in government and private sector investments during the first five years.
Speaking at the “Eastern Economic Corridor: Fast track to Thailand 4.0” seminar recently, TCEB director Chiruit Isarangkun Na Ayutthaya said: ”Throughout the course of Thailand 4.0, there are so many opportunities for the convention and tourism industry as well as the exposition industry to play an important role.”
He said more than one million foreigners carried out business in Thailand for the first time last year.
According to the TDRI, the U-Tapao airport is being eyed as the main pillar of the EEC and third airport for Bangkok, with an investment of Bt200 billion waiting to be spent. More runways are to be built while two passenger terminals will be constructed to cater to increased number of visitors.