A masterplan to build a smart city in Huai Yai sub district of Chonburi province, Thailand, was approved by a panel chaired by Thai Prime Minister Prayuth Chan-Ocha. The proposed smart city will be spread over 14,619 rais (2,340 ha) of land and will cost THB1.34tr (USD37bn) over the next 10 years. Located some 160 km southeast of Bangkok, the yet-to-be-named city has already drawn billions of dollars of investment pledges from global automotive, robotics, healthcare, and logistics companies. Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor, said the project will comprise 5 business centres for companies to rent as commercial areas. These will include a hub to house regional headquarters of firms, a financial centre, and areas for precision medicine, international research and development, and future industries such as clean energy and 5G technology.
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