PATTAYA, THAILAND – Following the landmark agreement signed on January 29, 2026, between the Eastern Economic Corridor (EEC) Office and U-Tapao International Aviation Co., Ltd. (UTA),

PattayaPropertyGuide.com is proud to spotlight a transformative milestone for the region. With the official Notice to Proceed (NTP) scheduled for February, construction of the 100-billion-baht U-Tapao International Airport and Eastern Airport City (Phase 1) is set to begin next month.

A Strategic Catalyst for Growth.

This project, originally conceptualized in 2020, has now cleared all regulatory hurdles. The development of this 6,500-rai "Mega-Project", featuring a world-class passenger terminal, a high-tech logistics hub, and a futuristic Airport City, is more than just an infrastructure upgrade; it is a fundamental shift in the regional economy. By 2029, Phase 1 will be capable of welcoming over 15.9 million passengers annually, bringing a global audience of high-net-worth travelers, business professionals, and Formula 1 enthusiasts directly to Pattaya’s doorstep.

Impact on Real Estate Values: Pattaya and Jomtien

At PattayaPropertyGuide.com, we anticipate this development will trigger a sustained appreciation in property values across the Chonburi coastline.

• Skyrocketing Demand for Residential Assets: The influx of skilled professionals and executives moving to the EEC for aviation, logistics, and technology sectors is creating a "flight to quality." We expect a surge in demand for luxury condominiums and gated communities, particularly in the Jomtien and Na Jomtien corridors.
• Rental Yield Optimization: With U-Tapao set to become a primary gateway, the short-term rental market is poised for a significant boost. Investors can expect higher occupancy rates as Pattaya transitions from a weekend getaway to a global business and leisure hub.
• The "Jomtien Expansion": As Central Pattaya becomes more densely populated, Jomtien is emerging as the "New Living Destination." Its improved infrastructure and airport proximity make it the prime candidate for capital appreciation over the next five to ten years.

A Confident Future

"The recent signing of this finalized pact is the green light investors have been waiting for," says the Editorial Team at PattayaPropertyGuide.com. "We are witnessing the birth of a 'Greater Pattaya' that rivals the world’s most successful airport-driven economies. For those looking at real estate, the window to secure assets at current valuations is narrowing as physical progress begins this February."

Thailand’s commitment to the EEC ensures that the Eastern Seaboard remains the engine of the nation’s progress. PattayaPropertyGuide.com remains dedicated to providing investors with the data and opportunities needed to navigate this historic growth.