Progress Report on Special Border Economic Zones in Thailand
Since 2015, Thailand's Special Border Economic Zones have seen significant investments and infrastructure progress, totaling 51.654 billion baht across ten areas. The SEZ initiative includes 84 major projects in sectors like garments, plastics, and automotive, bolstered by private and industrial estate investments. Key infrastructure projects are either completed or progressing well, contributing to the robust economic development of these zones.
The development policy for Thailand's Special Border Economic Zones (SEZs) was initiated in 2015, covering 10 areas: Tak, Sa Kaeo, Mukdahan, Trat, Songkhla, Nong Khai, Nakhon Phanom, Kanchanaburi, Narathiwat, and Chiang Rai.
Over nine years, the government has facilitated continuous private-sector investments, providing incentives, establishing one-stop service centers, and developing infrastructure and customs checkpoints.
The SEZ Development Policy Committee, initially formed to oversee these operations, continues to function under new regulations as of 2021.
As of June 2024, total investments amount to 51.654 billion baht, with 84 BOI-promoted projects totaling 25.840 billion baht, private sector investments at 5.106 billion baht, and additional industrial estate investments at 5.731 billion baht.
Infrastructure projects such as the Highway No 12 and Mae Sot Airport Terminal have been completed, while ongoing projects include the Nakhon Phanom Border Transport Centre and Nong Khai Freight Terminal with an average completion rate of 89%.
Establishments of new businesses and duty-free zones further highlight the economic progress.
Over nine years, the government has facilitated continuous private-sector investments, providing incentives, establishing one-stop service centers, and developing infrastructure and customs checkpoints.
The SEZ Development Policy Committee, initially formed to oversee these operations, continues to function under new regulations as of 2021.
As of June 2024, total investments amount to 51.654 billion baht, with 84 BOI-promoted projects totaling 25.840 billion baht, private sector investments at 5.106 billion baht, and additional industrial estate investments at 5.731 billion baht.
Infrastructure projects such as the Highway No 12 and Mae Sot Airport Terminal have been completed, while ongoing projects include the Nakhon Phanom Border Transport Centre and Nong Khai Freight Terminal with an average completion rate of 89%.
Establishments of new businesses and duty-free zones further highlight the economic progress.
