This is a very good development. Two countries can strategically play off their comparative advantages by placing zones near their borders. It only makes sense that in an increasingly integrated world economy, countries would identify cross-border opportunities and seek to use zones as a tool for concentrating business around this opportunity.
There are several interesting examples of this. The 100-percent private zone CODEVI on the border of the Dominican Republic and Haiti focuses on the apparel industry. It relies on the electric power grid of the Dominican Republic and the lower cost structure in Haiti. The just-reopened Kaesong Industrial Zone between the two Koreas is an example of economic collaboration between the two countries and often serves as a gauge of their relationship on any given day. Myanmar, currently the target of massive foreign investment, especially from Japan, has great plans for taking advantage of border opportunities with Thailand’s northern regions of Mae Sot and Mae Sai through its Dawei Special Economic Zone and other zones planned along the border