The Thai government has made significant strides in developing Special Border Economic Zones (SEZs) across ten key regions, including Tak, Sa Kaeo, Mukdahan, and Songkhla, to drive economic growth and attract private investment. Launched in 2015, these zones have captured considerable interest, with the government bolstering their attractiveness through various investment incentives and substantial infrastructure developments.
Initiated to enhance regional economies and create a conducive environment for business, SEZs have been under the Prime Minister’s Office’s management since 2021, following the dissolution of the initial overseeing committee in 2019. As of June 2024, the National Economic and Social Development Council (NESDC) reported that these zones have drawn a total investment of 51.654 billion baht. Among the key achievements are 84 Board of Investment-promoted projects worth 25.840 billion baht, particularly in the automotive and healthcare sectors.
Additionally, substantial capital has been invested in the industrial estates of Sa Kaeo and Songkhla. Over 7,700 new businesses, mainly small and medium-sized enterprises (SMEs), have been established across various industries, contributing to the SEZs’ vibrant economic landscape.
Infrastructure development has been a cornerstone of these efforts, with an 89% completion rate on projects aimed at improving transportation, utilities, and customs facilities. Noteworthy completed projects include the Tak-Mae Sot Highway, enhancements to Mae Sot Airport, and the construction of new customs houses to streamline border operations.
Looking ahead, ongoing projects like the Nakhon Phanom Border Transport Centre and the expansion of the Aranyaprathet Customs House, expected to be completed by 2026, promise to further increase operational capacities and support continued economic growth in these regions.
Officials involved in these initiatives highlight the importance of these developments in enhancing regional connectivity and economic prosperity. The government’s commitment to advancing SEZs underscores its broader strategy to position Thailand as a competitive hub for investment and trade in Southeast Asia.
