Perk upgrades urged for 3 new economic corridorsThe government needs to revamp investment privileges to support the smooth development of three new economic corridors that are instrumental to increasing investment and rehabilitating the economy over the next 5-6 years, says a central planner. According to Anek Memongkol, deputy secretary-general of the National Economic and Social Development Council, the Northern Economic Corridor (NEC), the Northeastern Economic Corridor (NEEC) and the Southern Economic Corridor are similar in form to the flagship Eastern Economic Corridor (EEC). They are scheduled to be promoted in the 13th national economic and social development plan that spans 2023-27. "The government also needs to drive more serious regional development to distribute income to provincial areas and generate economic growth after the pandemic." The NEC is designated to cover four northern provinces: Chiang Mai, Lamphun, Lampang and Chiang Rai.

Source: Bangkok Post September 05, 2021 22:52 UTC