Thailand to Develop Mae Sot Economic Zone
By On Tuesday, January 22, 2013 @ 9:09 am
The Thai government has approved a plan to set up an 896-hectare special economic zone in Mae Sot district, located on the Thai-Burma border, Thai newspaper The Nation reports. “Transport infrastructure, shipment and distribution centres, duty-free areas, bonded warehouses, one-stop service facilities, single service inspection and customs checkpoints will be part of the special economic zone,” The Nation writes. A second friendship bridge will also be build across the Moei River to Myawaddy City in Karen State, Burma. Currently, cross-border trade through the Mae Sot-Myawaddy area is valued at about US $1 billion, the highest value of all northern Thai border crossings.
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