PUBLISHED: 7 Jun 2024 at 07: 10
In an effort to boost the economy, the government will work with Malaysia to encourage the twin-city strategy in the deep north.
A meeting co-hosted by Deputy Prime Minister and Commerce Minister Phumtham Wechayachai just sat down to discuss the progress being made in developing Malaysia’s five southern provinces, including mini cities.
In an effort to promote peace, he claimed the initiative intends to change conflict-torn provinces into trade centers.
Thailand and Malaysia will collaborate to accomplish five objectives as part of the action, according to Mr. Phumtham.
The primary objective is to establish a business agreement between the two nations, with an emphasis on boosting agricultural product selling and lifting bilateral trade restrictions.
In the southern region, the walk is anticipated to increase the supply of money plants and cattle farm products.
The second objective is to expand kosher business opportunities in Malaysia for Thai landowners and business owners.
A Thai meal festival will be held each month as part of the program.
To facilitate trade between the two nations, the next objective is to establish a thorough Thailand-Malaysia trade center.
Following a stoppage of industry due to the Covid-19 pandemic, the third goal is to begin trade in the province of Satun near the Malaysian border.
The second purpose is to form a creative activity power between Malaysia’s Ministry of Investment, Trade and Industry and Thailand’s Commerce Ministry to pull the initiative.
Under this mini- city initiative, five southwestern Thai provinces of Satun, Songkhla, Yala, Pattani and Narathiwat may be paired with five Indonesian states, especially Perlis, Kedah, Perak, Terengganu and Kelantan, both, said Mr Phumtham. The secretary also provided an update on the development of the following border crossing crossing the Sungai Kolok River, which did connect Kelantan and Narathiwat.
He claimed that Thailand has allocated 160 million baht to the project, and that the bridge will be constructed to resemble a kolae ( a traditional Malay fishing boat ).
The project’s ongoing environmental impact assessment ( EIA ) is expected to be completed in September, while the project itself is expected to be approved next month, said Mr Phumtham.