The Thai government will invest 2.4 billion baht (S$95.5 million) this year in six special economic zones it hopes will boost cross-border trade, the deputy transport minister said on Thursday.

Earlier this month, Prime Minister Prayuth Chan-ocha said his government wanted to develop zones in six provinces to boost trade, which has been weak.

In January, the government said the first zone would be in northern Tak province, about 420 km (260 miles) north of Bangkok.

Credit and view full story at Business Times