The Industrial Estate Authority of Thailand (IEAT) has developed five
border areas into a Special Economic Zone (SEZ) to promote trade and
investment in the ASEAN Economic Community, scheduled to be formed in
2015.
IEAT Governor Verapong Chaiperm said that his agency will
primarily develop the zone in border areas in order to strengthen
economic stability, facilitate the sale of products across frontiers,
and organise migrant workers in five provinces including Tak, Mukdahan,
Sakaeo, Trat, and Songkhla, before extending to seven more areas in the
next few years.
He added that the SEZ will not only be developed
in border areas but also include huge communities which have a bearing
on the country’s economic development.-VNA