The Royal Thai Government has laid out a 20-Year Strategy called “Thailand 4.0” taking a cue from the concept of “Industry 4.0” aimed at transforming the country into an innovative, value-based industry, with an emphasis on 12 fields such as automation and robotics, aviation and logistics, biofuel and biochemicals, and digital. This strategy is laid to achieve high-income status by 2036. The strategy includes a wide range of top-down initiatives, especially in infrastructure and people development, to transform Thailand into a nation that can compete against wealthier, more knowledge-based economies.
The EEC, Eastern Economic Corridor is an area-based development initiative, aiming to revitalize the well-known Eastern Seaboard where for 30 years numerous business developers have experienced a rewarding investment journey and exceptional achievements. The EEC project initially focuses on the 3 Eastern provinces, namely Rayong, Chonburi, and Chachoengsao. The EEC development plan envisages a significant transformation of both physical and social development aspects and plays an important role as a regulatory sandbox uplifting the country’s competitiveness.
Also, The EEC Act ensures that investors in the EEC receive the best incentive packages. The EEC is the most suitable location for investment with the greatest potential to lead the Asian economy.
Whether you’re looking to build on private, secluded land in a remote or friendly residential neighborhoods in the region’s villages, or have a vision of investment in plot of land for any residential development, there are numerous factors that you must be aware about. When the markets are experiencing challenging times and when the conditions are changing, it is always advised to call upon the services of an experienced and reputable team that is familiar with the Pattaya market. Here at Condos Pattaya, we have experienced both the ups and downs of the market. We also deal Condos and Houses and are always looking forward to offer good and reliable advice to help you get the Best Property for the Best Deal.
So, Planning to buy a Land or invest in Landplots?