On 23 June 2021, Neighbouring Countries Economic Development Cooperation Agency (Public Organization) (NEDA) and School of Management, Mae Fah Luang University (MFU) held a signing ceremony of the Memorandum of Understanding online (Virtual Signing). Mr. Perames Vudthitornetiraks, President of NEDA signed the MOU together with Dr. Chatrudee Jongsureeyapart, Assistant President and Dean of MFU's School of Management, along with the representatives from both NEDA and MFU as witnesses. The signing of the Memorandum of Understanding is considered an implementation of NEDA 20-year strategy (2020-2039) under Knowledge Development Strategy in term of International Development (Think Tank) by creating Policy Research network with domestic and international agencies, both public and private sectors. Its aim is for economic development in Greater Mekong Sub-region, to become a repository of knowledge and a source of in-depth information, both important primary and secondary data, as well as applying the knowledge in order to continue an operation according to NEDA main mission in the future.
