An aerial view of Mae Sot in Tak province. ASSAWIN PINIJWONG
The Treasury Department plans to call for bids to develop a special economic zone on its land in Tak province, in line with the government’s development policy, says director-general Prapas Kong-Ied.
Mr Prapas said the bidding is expected to take place in May.
The plot occupies 1,076 rai in Mae Sot district.
The department set the annual land rental fee at 36,000 baht per rai, or a total of 38.75 million baht for the whole plot per year. The rental fee increases by 15% every five years.
The winning bidder must make a one-off payment of 269.11 million baht, while the lease term is 50 years. The zone offers investment incentives to 13 targeted industries.
The bidders must be juristic persons under Thai law with registered capital of at least 50…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
