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Economic evaluation of an export processing zone in Thailand : a case study of Lat Krabang Industrial Estate | |
Author | Parichat Baisak |
Call Number | AIT Thesis no. IE-92-06 |
Subject(s) | Export processing zones--Thailand--Lat Krabang Industrial Estate |
Note | A thesis study summited in partial fulfillment of the reequipments for the degree of Master of Engineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. IE-92-06 |
Abstract | The Lat Krabang EPZ (LKEPZ) was established from part of the Lat Krabang Industrial Estate in 1971 in a Special fenced area on the South-East of Bangkok. It was hoped that such zones as the LKEPZ would attract foreign investment and contribute to Thai's export-led growth. The analysis of LKEPZ in Thailand is carried out in the framework of a Cost-Benefit study of public investment. Under base case assumption, it was shown that the project would have negative cash flow during the first five years. The project IRR is 23.5 % which is high for a public project. The sensitivity analysis considers the effect of opportunity cost of labor ,foreign exchange premium and the life of the zone. In the worst case, the IRR is found to be 10 %, which indicates that the project is good for Thailand. |
Year | 1992 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. IE-92-06 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Industrial Engineering (IE) |
Chairperson(s) | Tang, John C.S. |
Examination Committee(s) | Nagarur, Nagendra N. ;Somchet Thinnapong |
Scholarship Donor(s) | Thammasat University ; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1992 |