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Eastern seaboard of Thailand - plays a key role in Thailand's economy

Posted: Fri Mar 10, 2017 3:30 am
by admin2
Eastern seaboard of Thailand - plays a key role in Thailand's economy
The eastern seaboard of Thailand is an emerging economic region that plays a key role in Thailand's economy
It is Thailand's center for export-oriented industries. High value goods, such as Japanese branded automobiles, which are manufactured there and shipped elsewhere, are among the many exports.
The region comprises Chonburi Province,
Chachoengsao Province,
Samut Prakan Province, and
Rayong Province.

The rising economic importance of the region is evident through the central government's commitment to the region's infrastructure. Planners see the region as strategically important as it borders the gulf as well as being close to Bangkok, and its major airport.

Laem Chabang port, Thailand's largest and 23rd busiest port in the world as of 2014, is the region's port. Bangkok, Suvarnabhumi Airport, and the port are all linked by the Bang Na Expressway tollway.

Two large infrastructure projects worth a total of 36 billion baht, both railways, were approved on 23 October 2007, to link Korat and Lat Krabang with Laem Chabang port.

The Chonburi Motorway, Thailand's first motorway, links the region with Suvarnabhumi Airport and Bangkok. In November 2007, Thailand's completed its second motorway, Bangkok's outer ring road.

The region is home to many huge industrial estates. Other than its manufacturing and shipping industries, it has a diverse service sector consisting of the tourism, construction, and retail industries.

Pattaya, a major tourist city, is also located here, and is only second to Bangkok in Thailand for it number of high rise buildings. The region is popular as a retirement area for foreigners.

Serious problems resulting from pollution have plagued the Map Ta Phut Industrial Estate in Rayong, an industrial zone for petrochemical and heavy industries that has suffered from heavy metal and organophosphates poisoning. Factory workers in the region are among the highest paid in Thailand, often more than physicians in the region, but occasionally suffer physical ailments. A lawsuit filed by local villagers in 2007 led to a cascade of decisions that in 2009 stopped work on many projects under construction for not being in compliance with environmental provisions in the country's new constitution