Special Economic Zones

Special Economic Zones

  1. Overview of Thai SEZs

Thai Government pays attention on border areas with neighboring countries to improve trades and investment, quality of life of people in the area, and preparing for AEC integration. The Special Economic Zones in 10 locations in 10 different provinces will be established and can be detailed into 2 phases as the following.

Phase 1: There are 6 provinces - Tak, Nong Khai, Mukdahan, Sa Kaeo, Trad, and Nong Khai

Phase 2: There are 4 provinces – Narathiwat, Chiang Rai, Nakhon Phanom, and Kanchanaburi

In order to have the SEZs development successful, government introduces several measures to improve infrastructures, incentives (tax and non-tax), One-Stop-Service Centers, foreign labor regulations and so on.

  1. Developing the Industrial Estates in SEZs

The industrial estates are the fundamental facility for business operators in manufacturing and services, promoting the expansion on economic in Special Economic Zones. Thus, I-EA-T is assigned by the government to develop its industrial estates in SEZs, which can be summarized into 2 phases.

Phase 1: There are 6 provinces - Tak, Nong Khai, Mukdahan, Sa Kaeo, Trad, and Nong Khai

Phase 2: There are 4 provinces – Narathiwat, Chiang Rai, Nakhon Phanom, and Kanchanaburi

The industrial estates in 6 provinces in phase 1 will start the development in 2018 and can be operated in 2019. See attachment for details.

  1. Target Businesses and Industries

Businesses and industries that can take benefits from incentives and measures in the SEZs include the logistics, border trade business with warehouses, distribution centers for exportation, service business, tourism-related business, labor-intensive factories, manufacturers with raw materials from neighboring countries, and so on.

The government comes up with 13 target businesses and industries. Each SEZ will have different targets depending on each location development and province strategy. The 13 targets are as follows.

 

Sa Kaeo Industrial Estate

 

Songkhla Industrial Estate