Active Development AidData Chinese Aid

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

$15.86M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Lancang-Mekong Cooperation (LMC) Special Fund
Country	Thailand
Start Date	Oct 31, 2023
End Date	Jul 25, 2032
Duration	3,190 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108750`

Grant Description

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

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.
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”.

📚 Sources & References

PREPARATORY MEETING BETWEEN THAILAND AND MI SETS STAGE FOR LANCANG-MEKONG SPECIAL ECONOMIC ZONES PROMOTION FOR INTRA-REGIONAL TRADE
MI and Thai Ministry of Commerce kick off collaboration to promote special economic, ไฟเขียว! MOU 2 โครงการ ภายใต้กองทุนพิเศษแม่โขง - ล้านช้าง เร่งผลักดันศักยภาพ “การผลิต/เศรษฐกิจ” ลุ่มน้ำโขง Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.