Trade with Thailand to rise

[geovalin]

Thailands much-touted Eastern Economic Corridor and a new special economic zone in Trat province are expected to become instrumental in bolstering trade with Cambodia. “Although Trat is not a part of the Eastern Economic Corridor territory, the province is also expected to enjoy benefits from this megaproject, as it is 340 kilometres from Laem Chabang seaport in Thailand, and 25km from Sihanoukville seaport in Cambodia,” said Trat governor Charnna Iamsang.

 

The planned special economic zone development in Trat covers 5,000 hectares in three local government areas: Khlong Yai, Mai Rut and Hat Lek. According to Mr Charnna, Trat officials and the private sector have been working with their counterparts in Cambodia’s Battambang, Pursat and Sihanoukville provinces and have set up a joint committee to drive economic, tourism and trade cooperation.

 

Thailand and Cambodia recently agreed to put more effort into boost trading at the cross-border checkpoint at Bo Rai at Thailand’s Trat and Battambang side in Cambodia. As a result, the number of cross-border travellers has increased to 300 per day from 30.

 

read more http://www.khmertimeskh.com/5075894/trade-thailand-rise/

 

 

-- © Copyright Khmer Times 01/08

[yellowboat]

Cambodia's openness and easy of doing business is pushing the country forward.  Thailand will need to do the same to keep up with its neighbors. 

[tryasimight]

Or China will do it for them