Northern Economic Corridor

Source: Wikipedia, the free encyclopedia.
Northern Economic Corridor
Special Economic Zone
CountryThailand
RegionNorthern Thailand
Provinces
Government
 • TypeSpecial economic zone
Area
 • Total
50,604 km2 (19,538 sq mi)
Population
 (2021)[1]
 • Total
3,920,954
Time zoneUTC+7 (ICT)

The Northern Economic Corridor (Abrv: NEC–Creative LANNA; Thai: ระเบียงเศรษฐกิจพิเศษภาคเหนือ) is a special economic zone in Thailand that covers four provinces: Chiang Mai, Chiang Rai, Lampang, and Lamphun.[2] It is designated as a production base for the creative economy based on the local culture,[3] with a focus on sustainable development.[4] The NEC aims to promote community and cultural tourism and improve products for export.[5] This corridor focuses on developing infrastructure to support a creative economy, a telecommunications network to promote the North as a digital hub as well as wellness, smart city projects and organic foods.[6][7]

The corridor is also aligned with the "Bio-Circular-Green Economy Model (BGC)",[8] a national agenda to drive future industries under the Sustainable Development Goals (SDG) and promote stable and sustainable economic growth.[7]

History

The Thai government approved the designation of special economic corridors in four regions, including the Northern Economic Corridor (NEC), during a Cabinet meeting on September 20, 2022. The NEC encompasses Chiang Rai, Chiang Mai, Lamphun, and Lampang provinces and is intended to promote sustainable development of the country's main creative economy base, reduce income inequality, enhance quality of life for people, strengthen security in border areas, and increase competitiveness and connectivity with neighboring countries. The proposal was made by the Office of the National Economic and Social Development Council (NESDC) and approved by the National Policy Committee for the Development of Special Economic Zones, which is headed by the NESDC secretary.[4][9][10]

See also

References

  1. ^ "Demography Population and Housing Branch". National Statistical Office (NSO). Retrieved February 20, 2023.
  2. ^ Kongbuamai, Nattapan; Khoifin, Kiki; Uttama, Nathapornpan (2022). "The "Lanna" Project: Redefining Hope for a Sustainable and Creative Economy in the Northern Economic Corridor of Thailand.". Creative Economy 2030: Imagining and Delivering a Robust, Creative, Inclusive, and Sustainable Recovery. Asian Development Bank Institute (ADBI). pp. 197–212.
  3. ^ Chatrudee Theparat (May 6, 2022). "New regional zones approved by panel". Bangkok Post.
  4. ^ a b "ครม. เห็นชอบการกำหนดพื้นที่ระเบียงเศรษฐกิจพิเศษ 4 ภาค" (in Thai). September 26, 2022.
  5. ^ Thailand Developing Four New Economic Corridors and Related Incentives, May 2022
  6. ^ "State preps perks for new economic corridors". Bangkok Post. May 17, 2022.
  7. ^ a b การติดตามและขับเคลื่อนผลการดำเนินงานผลการพัฒนาอุตสาหกรรมในพื้นที่ NEC- Creative LANNA ภายใต้ร่างแผนฯ 13 สู่การปฏิบัติ (in Thai), July 6, 2022
  8. ^ Understanding the Bio-Circular-Green (BCG) Economy Model, SOM Steering Committee on Economic and Technical Cooperation (SCE), August 2022, p. 29
  9. ^ "'สภาพัฒน์'เดินหน้าพัฒนาระเบียงเศรษฐกิจ 4 ภาค หลังครม.เห็นชอบ", bangkokbiznews (in Thai), September 27, 2022
  10. ^ "Cabinet Meeting Synopsis - Sep 20, 2022", ryt9, September 20, 2022