The governor of the Industrial Estate Authority of Thailand Mr. Verapong Chaiperm mentioned that currently, Industrial Estate Authority of Thailand (IEAT) is accelerating the study design on the establishment of industrial estates in the special economic zones in Sa kaeo and Mae Sot, Tak provinces in according to the policies of Mr. Somkid Jatusripitak, Deputy prime minister who has been delegated during the recent Policy Committee on Special Economic Zone Development. They are expecting to finish the study within the six months period before the implementation of the next investment phrase. This is a part of the pilot project that will also engage private sectors to invest in this respective area. For investment of enterprises which are required to comply with IEAT’s rules and regulations involved many steps for example, the study on EIA and is subjected to PM’s consideration if any special laws can be applied to shorten the process in order to speed up the investment and to meet the required timeframe.
Tag: Special economic zones
Minister says Dawei SEZ ‘like renovating some parts of an old house in order to prevent it from collapsing’
The Dawei Special Economic Zone has been championed by both the Myanmar and Thai governments as a promising industrial development for Myanmar, yet there have been difficulties getting the project off the ground.
According to the agreement, the initial phase of the project must be carried out on the 7-square-kilometre land allotted for the special zone, and 65 percent of construction must be completed within three years from the signing date. In the meantime, Italian-Thai Development has been building infrastructure such as roads, bridges, water supplies and buildings.
As Dawei “initial phase” 65% complete, locals left in the dark
The Dawei Special Economic Zone (DSEZ) is a major industrial project and deep sea port now at an initial phase of construction located in Taninthayri Region, Myanmar. The original plan, led by the Thai construction company Ital-Thai since 2008, was for a US$ 50 billion project that entailed a 250 kilometer square industrial zone. However, by 2012 the project was in deep trouble as it failed to attract investment and was challenged by civil society groups concerned about impact on local livelihoods and the environment, as well as the overall decision-making process around the project.
Mukdahan resists industrial plan
The Bangkok Post looks at the northeastern province of Mukdahan, which borders Laos, in the third of a six-part series on special economic zones.
Thailand’s PTT Building Major Refinery in Vietnam
The beautiful coastal city of Quy Nhon along Vietnam’s central coast will soon house the Greater Mekong Subregion’s largest oil refinery. Advanced by the Thailand’s PTT Plc in partnership with Saudi Arabia’s ARAMCO, the 400,000 barrel-per-day facility will be fed by Saudi Arabian crude.
Vietnam: Can Tho’s IZs attract $1.96b
Industrial zones (IZs) in the Cuu Long (Mekong) Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.
Tak residents vow to fight relocation plans
Tak residents have refused to relocate after authorities declared state land in the province’s special economic zone (SEZ) must be taken back from encroachers to pave the way for new city planning projects.
In Laos’ economic zone, a casino and illicit trade beckon in ‘lawless playground’
Critics say the zone has instead become a mecca of gambling, prostitution and illicit trade, raising questions about the spillover effects of China’s growing economic clout beyond its borders.
Thai Industry Pushes into Myanmar
It’s unprecedented: the largest industrial estate and deep sea port complex conceived in Southeast Asia. It’s controversial: trampling pristine shorelines; felling valuable forests and orchards; paving highways through remote mountain passes and uprooting ethnic minorities all along the way.
Locals push back
Wichan Khantuwarn, 65, a native of Trat, has felt uneasy since he learned of the government’s decision to set up special economic zones (SEZs) and name the small, easternmost province as one of 10 designated areas. Local people have also voiced concerns that the environment and ecology in Khlong Yai will worsen because of the SEZ.