The Eastern Economic Corridor Policy Committee has approved the development of a new 2,400-hectare smart city in Chon Buri, close to the U-tapao airport in Thailand.
The smart city project is expected to receive around THB1.34 trillion in investment over a 10-year period. Of the total investment, THB37.7 billion will be provided from government agencies, THB131 billion will be secured from public-private partnerships (PPP) while THB1.18 trillion from private investment.
This will be the fifth flagship infrastructure project in the Eastern Economic Corridor (EEC) after the high-speed rail (HSR) line project, the U-tapao airport project, Map Ta Phut Industrial Port Phase 3 and Laem Chabang Port Phase 3.