Government preps incentives for 4 new economic corridorsThe government looks set to settle investment incentives for four new economic corridors in four regions next month, a move aimed at increasing investment in the areas. According to Anak Meemongkol, deputy secretary-general of the National Economic and Social Development Council, the council and the Board of Investment are working on incentives to lure investors to the four economic corridors, which are to resemble the flagship Eastern Economic Corridor (EEC). According to Mr Anak, the investment categories in these four economic corridors should differ from those in the 10 existing special economic zones because each corridor will be tasked with promoting some specific industries. The four new economic corridors are the Southern Economic Corridor, the Northeastern Economic Corridor (NEEC), the Northern Economic Corridor (NEC) and the Western Economic Corridor (WEC). The development covers the provinces of Nakhon Si Thammarat, Chumphon and Ranong.

Source: Bangkok Post April 04, 2022 09:31 UTC