Industrial Authority accelerates establishment of industrial estates in SEZs


BANGKOK, 28 May 2015 – The Industrial Estate Authority of Thailand (IEAT) is urgently conducting feasibility studies on the establishment of industrial estates in the five Special Economic Zones (SEZ) of the country.

IEAT Governor Verapong Chaiperm said the IEAT has eyed three sites for the purpose namely an 800-rai land piece in Mae Sot, Tak Province, 600-rai land in Ban Pa Rai in Sa Kaeo Province and 1,000-rai land in Songkhla Province.

According to Mr.Verapong, the National Council for Peace and Order (NCPO) has approved the use of Article 44 of the interim constitution to revoke forest reserved lands and transferred them to the Crown Property Bureau, for the establishment of industrial estate in Tak, Mukdahan, Sa Kaeo, Songkhla and Trat.

The IEAT has also discussed with the Treasury Department to take out a lease of at least 50 years to rent its land for industrial estates. He believed the use of Article 44 would speed up the establishment of the industrial settlement.

On Thursday 28 May 2015, the IEAT has organized a seminar on “Answering the Question of SEZ” to provide a venue for relevant authorities to exchange information and outline a framework of development for the SEZs, including their infrastructure, business benefits, customs procedures, the setting up of FTA in the industrial estate as well as strengthening trade links with neighboring countries.

Taking part in the seminar are officials from the Transport Ministry, the Board of Investment, and the National Economic and Social Development Board.