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Overview

Lancang-Mekong Fund provides THB 15.86 million for promotion of Special Economic Zones in 2023

Commitments (Constant USD, 2023)$455,749
Commitment Year•2023Country of Activity•ThailandDirect Recipient Country of Incorporation•China (People's Republic of)Sector•Trade Policies And RegulationsFlow Type•Grant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Oct 31, 2023
Start (actual)
May 13, 2024

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Thailand Ministry of Commerce

State-owned Funds

  • Lancang-Mekong Cooperation (LMC) Special Fund

Implementing agencies

Government Agencies

  • Thailand Ministry of Commerce

Intergovernmental Organizations

  • Mekong Institute

Loan description

Lancang-Mekong Fund provides THB 15.86 million for promotion of Special Economic Zones in 2023

Narrative

Full Description

Project narrative

On October 31, 2023, the Thai Secretariat of the Cabinet approved the MoU for the Thailand Ministry of Commerce project on "Promotion of Special Economic Zones in the Mekong - Lancang Region". The Ministry of Commerce will receive THB 15.86 million from the Lancang-Mekong fund for the project. The purpose of the project is to promote Thailand’s Special Economic Zones for intra-regional trade. An inception meeting for the project was held on May 13, 2024. The project will be implemented from 2023 to 2026.

Staff comments

1. It's unclear if this project is included under the Thailand's Ministry of Higher Education, Science, Research and Innovation (MHESI) 13 Lancang-Mekong fund projects. This issue warrants further investigation. 2. The project is also known as "SEZ Project" and “Project on Special Economic Zones (SEZ) Promotion for Intra-Regional Trade in the Lancang-Mekong (LM) Region”.