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China bets big on Thai industrial cluster with US$8.4 billion investment

China has become the leading source of foreign investment in a growing, state-fostered Thai industrial cluster, backed by commitments to help build a light-rail line, design an “aerotropolis” and possibly develop property in the area, an official from the Southeast Asian country said. From 2019 to 2024, Chinese investors have received go-ahead certificates for projects worth US$8.4 billion – 16 per cent of all investment in the Eastern Economic Corridor cluster, which covers three provinces –...


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