EEC Act Takes Effect

Following on from our recent alert, the Act for the Eastern Special Development Zone (commonly called the Eastern Economic Corridor or “EEC”) was published in the Royal Gazette on 14 May 2018 and took effect on 15 May 2018.

There are ten targeted industries for the EEC: next-generation automotive, intelligent electronics, tourism for high-income tourists and medical tourism, agriculture and biotechnology, food processing, robotics, logistics and aviation, biofuels and biochemical, digital, and holistic medical and health services.

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