Briefs

Foreign ambassadors and investors will be invited to inspect one of the country’s special economic zones (SEZs) and join an investment symposium.

Duangporn Rodphaya, director-general of the Foreign Trade Department, said the government would hold an open house on the SEZs on February 29 at Siam Paragon Hall. The event aims to increase understanding among ambassadors and foreign investors about the government’s policies and privileges available to those investing in the 10 SEZs in 10 border provinces.

The ambassadors and investors will be invited to visit an SEZ in Sa Kaew province on March 1 and 2.

The government has also provided brochures in English, Chinese and Japanese with information about each SEZ.

The 10 SEZs are in Tak, Sa Kaew, Mukdahan, Songkhla, Trat, Nong Khai, Narathiwat, Chiang Rai, Nakhon Phanom and Kanchanaburi. Foreign investment in 23 industries will be supported in the SEZs, focusing on high-technology and innovation in such fields as agriculture and agricultural equipment, ores, ceramics, steel products, machinery, transport equipment, electronics and electrical appliances, chemical products, plastics, printing, and public services.

 

Industrial Estate Authority, AIT join hands 

The Industrial Estate Authority of Thailand (IEAT) has entered a multi-faceted three-year partnership with the Asian Institute of Technology (AIT) by signing a memorandum of understanding on cooperation for the authority’s new Excellence Centre. 

At the launch of the Excellence Centre in Bangkok on Thursday, both agreed to work together to strengthen industrial development and economic growth of industrial estates around the country. 

Under the MoU signed by IEAT governor Dr Verapong Chaiperm and AIT president Professor Worsak Kanok-Nukulchai, they agreed to coordinate on industrial developer training, promote business and industrial investment and generate business networks to strengthen the potential of investors of both parties with the implementation of the Asean Economic Community.

The deal is expected to underscore IEAT’s drive to be one of the top three organisations in developing and administering industrial estates in Southeast Asia.

Under the Ministry of Industry, IEAT operates or jointly operates 16 industrial estates in 16 provinces.