Economy
Strong Investor Interest in EECiti Smart City Project
The Eastern Economic Corridor (EEC) reports significant interest from over 100 domestic and international investors for the upcoming EECiti smart city development.
According to a report by Prachachat Business, the Eastern Economic Corridor (EEC) office has concluded a market sounding phase for the 'EECiti' smart city project. The initiative, which focuses on developing infrastructure and public utilities through a Public-Private Partnership (PPP) model, has attracted interest from more than 100 Thai and foreign investors.
For residents and those considering future business opportunities in the region, this project represents a significant step toward modernizing urban infrastructure within the EEC zone. The feedback gathered from the private sector during this initial phase is currently being used to refine the project's design and operational framework.
While the response has been positive, the project remains in the planning stages. The EEC office has indicated that the formal selection process for private partners is scheduled to commence in 2028. Further details regarding the specific scope of the smart city features and the final investment requirements are yet to be confirmed as the project moves toward the bidding phase.
Translated from Thai.
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