Agreed to announce the special economic corridor areas in 4 regions

On May 5, 2022, General Prayut Chan-o-cha, Prime Minister and Minister of Defense Chaired the meeting of the Special Economic Zone Development Policy Committee (NEEC) No. 1/2565, attended by Mr. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy, attended by Mr. Thanakorn Wangboon. Kongchana, spokesman for the Prime Minister’s Office Summary of important matters of the meeting as follows:

The Prime Minister said that the current situation is a time when Thailand must accelerate economic and social development and rehabilitate the country from the Covid-19 situation. for the country to move forward as well as driving the development of the Special Economic Zones and the development of the Special Economic Corridors in all 4 regions (Northern Region, Northeastern Region central-western and southern regions), which are important government policies to make Thailand grow at the same time in every region It is also an important tool to help develop the economic base in the country to grow and spread prosperity to the region. At the same time, the need to accelerate more income into the country. Along with creating a new economy of the country to increase and make all areas grow similarly. both central and local level Let’s coordinate and drive the development of SEZs to have continued progress as planned.

In this regard, the Prime Minister also urged all agencies to implement the conversion policy into practice to achieve tangible results. and to provide monitoring and evaluation in order to drive the development of the Special Economic Zones to achieve the goals set forth in the plans by emphasizing any issues that interfere with obstacles, laws or rules in the area All parties are encouraged to work together to find solutions for the continuous progress of the development of the SEZ from time to time. and assigned to find ways to utilize the area along various potential transportation routes and along railway lines Let’s create the most benefit and promote investment to create a new economy. in order to generate income for the country Spread prosperity and spread people from big cities to areas outside the cities and regions. At the same time, request the development of the country’s workforce. Manage both domestic and foreign workers sufficiently. allowing more people to return to work in the area Create jobs, occupations and local income for local workers, which will ultimately benefit the overall economy of the country. For the approval of the announcement of the special economic balcony areas in all 4 regions and to bring the issue of the designation of the special economic balcony areas Proposed to the Cabinet (Cabinet) for consideration by specifying areas in all 4 regions as follows:

(1) Chiang Rai Province Chiang Mai Province, Lamphun Province and Lampang Province To be the Special Economic Corridor of the North or the Northern Economic Corridor: NEC – Creative LANNA to upgrade it to be a development investment area to be the country’s main sustainable creative economy base.

(2) Khon Kaen Province Nakhon Ratchasima Province Udon Thani Province and Nong Khai Province is the Northeastern Economic Corridor: NeEC – Bioeconomy to develop into the country’s new bio-industry base. with modern technology Throughout the production chain linking agriculture and bio-industry.

(3) Phra Nakhon Si Ayutthaya Province Nakhon Pathom Province Suphanburi Province and Kanchanaburi Province It is the Central – Western Special Economic Corridor or Central – Western Economic Corridor : CWEC to develop into a leading economic base in the fields of agro-industry, tourism and high-tech industries of high value with international standards. Connect Bangkok Surrounding area and EEC

(4) Chumphon Province, Ranong Province, Surat Thani Province and Nakhon Si Thammarat Province It is the Southern Economic Corridor or Southern Economic Corridor: SEC to develop into the center of the South in linking trade and logistics with the main economic areas of the country and countries in the region. Andaman Sea and is a base for high-value bio-industry and agricultural processing. as well as being an international tourism area

In addition, the meeting also approved the extension of the exemption period for the exemption of royal parcel land rentals in Tak Nong Khai, Mukdahan, Nakhon Phanom and Kanchanaburi areas from the former period ending within the year 2020 to end within the year 2023, agreed. Further improvements to the infrastructure development plan consist of the intercity highway and rail network (MR-Map) of 10 routes with a total distance of 6,530 kilometers to support the development and linkage of production bases and services to the country’s main economic areas. and road projects No. 2 – Natha Railway Station Mueang Nong Khai District, Nong Khai Province Supporting the development of the Nong Khai Special Economic Development Zone and support the transportation of goods by rail, agreeing on marketing plans and public relations for special economic zones focusing on marketing Public relations and roadshows to create opportunities for Thailand to attract foreign investors in times of global economic volatility and changing supply chains in each region. In addition, continually raise public awareness of the SEZ development policy.