Despite the difficulties in acquiring data and information to evaluate the efficient performance of industrial cluster development in the study period, the marginal benefit and cost of the project has been calculated for financial feasibility indicating 665,592.916.00 THB for NPV , 5.01 for BCR, and 0.55 years for the payback period. For economic feasibility, The development project has also been evaluated for worthiness indicating 674,924,401.00 THB for NPV. 5.02 for BCR and 0.49 years for the payback period . Both financial and economic internal rates of return CANNOT BE EVALUATED worthiness indicating economic feasibility the development project has also been evaluated for financial and THB NPV, 5.52 for and years for the payback Both internal rates of return cannot be evaluated due to the project benefits being exceedingly greater than the costs in fact, the project costs are mostly financed by the government. On the other hand, there might be some over estimation of the project benefits since it is assumed that the current benefits will be constant throughout the next five years, even if there is no additional government support during such period.