PM rolls out measures to boost investments in Deep South

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BANGKOK, July 2015 – Prime Minister Prayut Chan-O-cha has instructed relevant agencies to boost trade and investment in the Deep South, following years of turmoil in the region.

A Prime Minister’s Office spokesman has revealed measures to increase trade in the region which include setting-up of factories and businesses in areas in close proximity to army bases and security headquarters. The move is set to ensure investors’ safety and confidence in southern border provinces.

Security in the region will also be beefed up to bolster investor confidence. The premier hoped more investments in the area will improve the livelihood and quality of life of southern communities.

Deputy spokesman to the Office Sansern Kaewkamnerd said that during a meeting on July 10, Prime Minister Prayut agreed to offer investment incentives and relaxed trade terms for small and medium-sized businesses interested in investments in the border provinces and special economic zones. The incentives include the permission to use foreign migrants and other tax exemptions.