The main objective of SEZs is to attract foreign direct investment. The idea is that an influx of foreign money will boost the country’s economy, spread prosperity to provincial areas, reduce inequality, and also improve the quality of life of people in the countryside.
Description
The Tak Special Economic Zone (SEZ) is a designated area in Thailand that's intended to support trade and investment through policy incentives to attract investment. It's located on the border with Myanmar.
History
In the meeting no.1/2014 on 15 July 2014, it was approved to establish 5 potential border areas as special economic zone in the initial period of Thailand which includes Maesot District, Tak Province.