tengoku
The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


Thai govt approves establishment of four SEZs

Thai govt approves establishment of four SEZs

BANGKOK: The Special Economic Zone Policy Committee has approved four new special economic corridors, modeled after the flagship Eastern Economic Corridor (EEC), in an effort to stimulate the economy and decentralize income.

Thursday 12 May 2022, 10:15AM


Photo: NNT

Photo: NNT

Danucha Pichayanan, secretary-general of the National Economic and Social Development Council, said the new zones comprise the Northern Economic Corridor (NEC), the Northeastern Economic Corridor (NEEC), the Central-Western Economic Corridor (CWEC), and the Southern Economic Corridor, reports state news agency NNT.

The NEC covers the provinces of Chiang Rai, Chiang Mai, Lamphun, and Lampang.

The NEEC comprises Khon Kaen, Udon Thani, Nakhon Ratchasima, and Nong Khai provinces. Due to the area’s abundant raw materials, such as rice, tapioca, and sugar cane, this corridor is expected to serve as a production base for the bio-economy and its supply chain.

Meanwhile, Ayutthaya, Nakhon Pathom, Suphan Buri, and Kanchanaburi are all included in the CWEC. The corridor is intended to serve as a manufacturing base for agriculture, tourism, and high technology.

MACNELS SHIPPING PHUKET

Chumphon, Ranong, Surat Thani, and Nakhon Si Thammarat are all included in the southern corridor. The corridor serves as the southern region’s economic, trading, and logistics hub and connects the Andaman Sea, the Gulf of Thailand, and Indian Ocean-rim countries such as India, Sri Lanka and Bangladesh.

According to Anucha, the committee also authorized the Finance Ministry’s permanent secretary to chair a subcommittee to establish non-tax and tax investment incentives, one-stop services, infrastructure, and facilities to attract investors.

Incentives and investment categories for the four corridors will be proposed at the Board of Investment’s next meeting.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Be the first to comment.

 

Have a news tip-off? Click here

 

Phuket community
Ukrainians arrested in Phuket, face extradition for offences in US

No one is claiming ALL Ukrainians are angels but, plenty are claiming Putin is harming his country...(Read More)


Public split on pension payout

First question is: Is the present monthly paid pension amount to pensioners enough to live on? If th...(Read More)


Missing German tourist found safe

Her family are at fault for not supervising her better, knowing about her condition it is unacceptab...(Read More)


Female students face police over vicious attack on 11-year-old

Sadly it is a worldwide tragedy that youth nowadays have no respect for anyone and behave like littl...(Read More)


When Sharks Attack: Three easy steps to survive and thrive in the ocean

Sound advice , I dive with sharks regularly magical experience if you understand their behavior they...(Read More)


Missing German tourist rescued from Phuket jungle recovering well

Great news! Found her just 2 km distance from the hotel! So she was on her way back?That 15 km CCTV ...(Read More)


Sustainably Yours: Make money and be more sustainable

Great article for the Thai Minister of Environment to chew on. Does Thailand actually have a Minist...(Read More)


Violence clouds Jerusalem funeral of Al Jazeera journalist

Maybe the title should have been 'Police violence'- I was disgusted to see their behavior. A...(Read More)


Ukrainians arrested in Phuket, face extradition for offences in US

Hmm, surely some mistake. These brave men should have enlisted in the Ukrainian forces by now. ...(Read More)


Helicopter to join search for German tourist

JohnC@ very insensitive comment especially as she has now been safe Thai’s are very caring towards...(Read More)