Lesson of the Shenzhen Special Economic Zone on the development of the Eastern Special Economic Zone in Thailand

Abstract

Special Economic Zones or SEZ’s in the People's Republic of China were established in 1979 and known as the "Silicon Valley of Asia" which’s a prototype for developing special economic zones in other countries as well. This article explores a secondary data analysis and evaluates of academic papers and research reports for studying the Administration of the Shenzhen Special Economic Zone. Study issues consist of 3 topics which’re as follows: 1. Management 2. Government policies to support an investment from foreign investors 3. Investment and the success factors. Moreover, comparing it with the establishment of the Eastern Economic Corridor (EEC) in Thailand, and bring it as a lesson to develop the Eastern Economic Corridor of Thailand to have the same potentialities as the Shenzhen Special Economic Zone. In addition, the study found that the management of a local sector, civil society and private sector played major roles in accomplishment for the Eastern Economic Corridor of Thailand development to achieve the most efficient.