Thai, Myanmar private sectors to draw up master plan
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THE BOARD of Trade of Thailand and the Thai Chamber of Commerce Wednesday agreed with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) to draw up a joint master plan to develop special economic zones in the two countries.
At a meeting between Thailand’s and Myanmar’s leading private-sector organisations, both sides agreed that the setting up of the SEZs would help promote trade, industry and tourism growth for the two nations under upcoming Asean integration.
For Thailand, the SEZs will cover areas in three provinces: Mae Sot, Mae Ramat and Phop Phra in Tak, Sing Khron in Kanchanaburi, and Mae Sai in Chiang Rai.
Myanmar, meanwhile, plans to set up such zones in Myawaddy, Pha An and Mawlamyine.
Somkiat Anuras, vice chairman of the Thai Chamber of Commerce, said Thailand and Myanmar had agreed to establish a bilateral committee on Thai and Myanmar SEZ to proceed with ideas for their development.
A master plan will be drawn up with a view to facilitating more trade and industrial investment, as well as tourism growth in the two countries.
The Nation
