Northeastern Economic Corridor | |
Settlement Type: | Special Economic Zone |
Blank Emblem Type: | Emblem |
Blank Emblem Size: | 150px |
Subdivision Type: | Country |
Subdivision Name: | Thailand |
Subdivision Type1: | Region |
Subdivision Name1: | Northeastern Thailand |
Subdivision Type2: | Provinces |
Government Type: | Special economic zone |
Area Total Km2: | 45,742 |
Population Total: | 6,490,360 |
Population As Of: | 2021 |
Population Footnotes: | [1] |
Timezone: | ICT |
Utc Offset: | +7 |
The Northeastern Economic Corridor (Abrv: NEEC – Bioeconomy Thai: ระเบียงเศรษฐกิจพิเศษภาคตะวันออกเฉียงเหนือ) is a special economic zone in Thailand that covers four provinces: Nakhon Ratchasima, Khon Kaen, Udon Thani, and Nong Khai. It is expected to serve as a new bio-industry base of the country, with modern technology implemented throughout the production chain.[2] The NEEC focuses on developing a bioeconomy, specifically in the cultivation and production of rice, tapioca, and sugar cane.[3] [4] [5]
The Northeastern Economic Corridor (NEEC) was approved as a special economic zone in May 2022 by the National Committee for the Development of Special Economic Zones, which authorized the establishment of four new special economic corridors in an effort to stimulate the economy and decentralize income in Thailand. The NEEC comprises the provinces of Nakhon Ratchasima, Khon Kaen, Udon Thani, and Nong Khai.[5] The cabinet acknowledged and approved the identification of the NEEC as a special economic zone during a meeting on September 20, 2022.[6]