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The second Thai-Myanmar Friendship Bridge to boost border trade

The second Thai-Myanmar Friendship Bridge to boost border trade

14 Sept 07:16 Key points summarised by AI
  • The newly opened second Thai-Myanmar Friendship Bridge is projected to increase Thai exports via Mae Sot checkpoint by 3.0-8.0 percent next year, reaching Bt105 billion-Bt110 billion.
  • Combined with the Cross-Border Transport Facilitation Agreement, the bridge will reduce transport costs and time, solidifying Thailand's role as a central link for manufacturing bases across Myanmar, Thailand, and Laos.
  • The agreement grants cargo trucks 30-day cross-border permits, enabling direct routes to key destinations like Laem Chabang Port and Myanmar's Thilawa Special Economic Zone, effectively completing the East-West Economic Corridor.
  • This infrastructure and policy development directly connects eight special economic zones across the region, with future potential to include Vietnam, significantly strengthening the regional supply chain.
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