Mr. Arkhom Termpittayapaisith (front row, center), Minister of Finance, presided over the signing ceremony of the Memoranda of Understanding (MOU) to collaboratively promote investment and provide financial services for development of the Eastern Economic Corridor (EEC) at the Ministry of Finance on October 27, 2021. The signees include Dr. Kanit Sangsubhan (front row, second left), Secretary General of the Eastern Economic Corridor Office (EECO), Mr. Vitai Ratanakorn (front row, left), President and CEO of Government Savings Bank (GSB), Dr. Rak Vorrakitpokatorn (front row, second right), President of Export-Import Bank of Thailand (EXIM Thailand), and Mrs. Wasukarn Visansawatdi (front row,right), Acting President of Thai Credit Guarantee Corporation (TCG).
EXIM Thailand offers the financial package EXIM EEC Plus, comprising revolving and long-term credit lines at a minimum interest rate of 2% per annum, credit line of up to 100 million baht and maximum repayment term of 10 years, for entrepreneurs of all sizes and all industries, particularly S-curve industries and industries hit by the COVID-19 pandemic, which aim to make investment in the EEC, modify machinery, renovate factories, or upgrade digital softwares. The total credit support for the project is 1,000 million baht. This would contribute to development of infrastructures and industries related to international trade in a way that would boost long-term competitiveness of Thai goods and services in the global market.