Tax unlocks for U-Tapao Airport and Eastern Aviation City

Thairath•Politics•1d ago

Reader Briefing

The Thai government is implementing tax and investment incentives to accelerate the development of U-Tapao Airport and the Eastern Aviation City.

•The government aims for the tax and investment measures to be operational by September 30, 2026.
•Private investment is estimated to reach 1.3 trillion baht throughout the project duration.
•The measures include double tax deductions for CAPEX and OPEX and the introduction of EECa Visas.
•The project is expected to create 63,701 jobs and increase GDP by over 37,000 million baht in the first year of operation.

•U-Tapao Airport and Eastern Aviation City serve as critical infrastructure for the Eastern Economic Corridor (EEC).
•The Eastern Economic Corridor Policy Committee (EEPC) approved measures covering taxes, investment, and facilitation for foreign personnel.
•The Eastern Economic Corridor Office (EECO) estimates the project will attract 1.3 trillion baht in private investment and create 63,701 jobs.
•The government will allow double tax deductions for capital expenditure (CAPEX) and operating expenditure (OPEX) for entrepreneurs.
•The government is implementing the EECa Visa to allow foreigners to reside and work in the Eastern Aviation City special economic promotion zone.
•The Eastern Economic Corridor Office (EECO) and related agencies must implement these measures by September 30, 2026.
•The project is expected to attract 400,000 additional foreign tourists per year and increase local spending by 20,000 million baht upon opening.
•The Eastern Economic Corridor Office (EECO) will consult relevant agencies to determine criteria for the import and maintenance of racing and classic cars in the Free Trade Zone.

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Lalida Phersiwiwattana

"This measure aims for more than just moving the airport project forward; it is about making economic activities around the aviation city a reality."

มาตรการครั้งนี้มีเป้าหมายมากกว่าการเดินหน้าโครงการสนามบิน แต่เป็นการสร้างกิจกรรมทางเศรษฐกิจรอบเมืองการบินให้เกิดขึ้นจริง

Lalida Phersiwiwattana(ลลิดา เพริศวิวัฒนา)

Deputy Government Spokesperson who disclosed the Cabinet's acknowledgment of the support measures.

Eastern Economic Corridor Policy Committee(คณะกรรมการนโยบายเขตพัฒนาพิเศษภาคตะวันออก)

The committee (EEPC) that approved the tax, investment, and facilitation measures for the project.

Eastern Economic Corridor Office(สำนักงานคณะกรรมการนโยบายเขตพัฒนาพิเศษภาคตะวันออก)

The office (EECO) responsible for the project and coordinating the implementation of laws and measures.

U-Tapao International Aviation Company Limited(บริษัท อู่ตะเภา อินเตอร์เนชั่นแนล เอวิเอชั่น จำกัด)

The company (UTA) that signed a joint investment contract on June 19, 2020.

U-Tapao Airport(สนามบินอู่ตะเภา)ℹ️

A key infrastructure project within the Eastern Economic Corridor.

Eastern Aviation City(เมืองการบินภาคตะวันออก)

A special economic promotion zone linked to U-Tapao Airport.

Eastern Economic Corridor(เขตพัฒนาพิเศษภาคตะวันออก)ℹ️

The broader development region known as EEC.

EECa Visa

A special temporary stay visa for foreigners working or operating businesses in the Eastern Aviation City.