Suvarnabhumi Free Trade Zone
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Customs free zone split up at Suvarnabhumi Airport will be reviewed today
Monday, May 21st, 2007The government will meet today to debate whether to split the customs-free zone at Suvarnabhumi Airport to help improve operations.
Sansern Wongcha-um, the deputy finance minister, said that drafting a new zoning plan with normal export and import operations separated from the customs-free zone was one possibility to be reviewed by the committee, which is chaired by Interim Prime Minister Surayud Chulanont.
Free-Trade Zone suggested for Suvarnabhumi Airport
Friday, October 6th, 2006The Director of the Office of Transport and Traffic Policy and Planning (OTP), Mr. Maitri Srinarawat, says establishment of free-trade zones will attract more foreign investors to Thailand as well as increase Thai exports.
He commented that setting up the free-trade zone in Suvarnabhumi Airport will be an important part that helps reduce the cost of importing raw materials for goods manufacturing in Thailand. He also believed that goods produced for export will rise to 5 million tonnes per annum within 5 years, by which time Thailand will be able to beat up other trade rivals such as Singapore and Hong Kong.
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