National—
On May 14th, 2024, Dr. Chula Sukmanop, the secretary-general of the Eastern Economic Corridor Policy Committee (EECPC), and Ms. Ornkanya Pibuldham, the President and Chief Country Officer of Bank of America in Thailand, signed a MOU to drive investment support mechanisms and build confidence in international investors in the EEC.
Dr. Chula publicly revealed that the signing of the MOU was to create a strategic cooperation network between the EEC and Bank of America.
Furthermore, the cooperation aimed to build confidence and entice investors from the States into EEC, especially in medical, health, digital, aviation, and logistic clusters.
The investment support scheme would develop and support the investment in EEC with financial services, potentially leading to sustainable development. However, the EEC set a goal to generate investment revenue of 500 billion baht within five years, according to Dr. Chula.
Ms. Ornkanya stated to the public that the cooperation was to boost Thailand’s economy and vision for regional investment in Southeast Asia. The Bank of America sought to aid clients at regional and global levels in important industries including robotics, vehicles, and clean energy.
