Thailand’s ambitious plan to host a world-class theme park in the Eastern Economic Corridor (EEC) has captured keen attention from the investment community.
Koraphat Vorachet, Division Head of Research at Krungsri Securities, highlights that a strategic, seaside location—akin to Disney Sea—would significantly enhance the attractiveness and competitiveness of the project. While all elements of the development need not be contiguous, accessibility to the sea remains a key advantage.
The first priority stocks seen as primary beneficiaries in the early stages are Amata Corporation PCL (SET: AMATA) and WHA Corporation PCL (SET: WHA), both providing extensive land suitable for such a large-scale venture. The construction phase is expected to spotlight Stecon Group PCL (SET: STECON) and CH. Karnchang (SET: CK), as major infrastructure and building works ramp up.
Once the theme park is established, the hospitality sector will play a central role in catering to increased tourist inflow. Asset World Corp (SET: AWC), Central Plaza Hotel PCL (SET: CENTEL), and The Erawan Group PCL (SET: ERW) are flagged as the key hotel operators poised to benefit. In parallel, consumer and service-oriented businesses such as Berli Jucker PCL (SET: BJC) and CP All PCL (SET: CPALL) are projected to enjoy a boost from heightened spending by tourists.
Aviation and transport infrastructure are also seen as critical engines in the tourism ecosystem. Thai Airways International PCL (SET: THAI), Asia Aviation PCL (SET: AAV), and Airports of Thailand PCL (SET: AOT) are expected to gain from rising passenger traffic once the project goes live.
According to Bualuang Securities, the government’s push for a Disneyland in the EEC could revolutionize Thailand’s long-term economic landscape. The initiative is designed to position Thailand as a magnet for global travelers, unlock the value of extensive infrastructure investments—particularly the high-speed rail connecting three airports and U-Tapao’s Eastern Airport City—and draw quality tourists to the country.
Thailand stands to hold several advantages over competing regional destinations like Singapore, given its central location, skilled tourism workforce, and favorable climate for year-round outdoor activities—all critical factors for supporting a world-class theme park. If the plan progresses, the theme park could span up to 3,000 rai, with construction firms such as CK and STECON benefiting most in the initial investment phase.
Longer term, the project is projected to inject vitality into airlines and airport operators, including AOT, THAI, AAV, and Bangkok Airways PCL (SET: BA), while the hotel sector—featuring players like CENTEL, ERW, AWC, and Minor International PCL (SET: MINT) and Dusit Thani PCL (SET: DUSIT)—is anticipated to accommodate swelling international visitor numbers.
If the “Disneyland EEC” vision is materialized, the analyst firm believes it could not only strengthen Thailand’s branding as a top-tier tourism hub, but also act as a pivotal catalyst in reshaping the nation’s economic structure. The impact is expected to cascade from construction and infrastructure, right through to tourism and the broader service economy.
