Why Chiang Mai?
The second largest capital city of Thailand, the Thai government has eyes on Chiang Mai to be the next metropolis to grow and develop economically following its predecessor, Bangkok. Chiang Mai is situated next to the Chiang Rai province located at the most northern part of Thailand naturally boosting its potential to be a gateway for expanding trade and investment with its neighbouring countries – China, Laos and Myanmar. Agricultural produce in the north flourish due to its natural hot and cool climates throughout the year.
In 2015, some bilateral commerce worth THB48 billion concluded with the three aforementioned countries recording a 14% increase from 2014. Chiang Rai was also appointed to be a special economic zone (SEZ) under the government’s policy to further encourage trade and investment in border provinces. This was mainly attributed to its excellent transportation links for its 3 neighbouring countries through Chiang Kong, Mae Sai and Chiang Saen.