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Sunday, May 5, 2024

New regional zones approved by panel

Danucha: Goal is to decentralise income

The Special Economic Zone Policy Committee chaired by the prime minister yesterday approved four new special economic corridors, meant to resemble the flagship Eastern Economic Corridor (EEC), in a move to spur the economy and decentralise income to the regions.

According to Danucha Pichayanan, secretary-general of the National Economic and Social Development Council, the zones comprise the Northern Economic Corridor (NEC), the Northeastern Economic Corridor (NEEC), the Central-Western Economic Corridor (CWEC), and the Southern Economic Corridor.

The NEC covers Chiang Rai, Chiang Mai, Lamphun and Lampang. It is designated as a production base for the creative economy based on Lanna…

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