Lenzing’s New €400 Million Factory Strengthens Thailand’s Status as Regional Bio-Green-Circular Hub, BOI Says

The BOI offers generous tax breaks and other incentives to companies aligned with the BCG goals in sectors such as food pro-cessing, biofuel, bioplastics, biotechnology, renewable energy and recycling.

BOI approves 209.5 billion baht (US 6.2 billion) of projects, raises incentives for EV battery makers

So far, a total of 16 projects, with a combined investment value of 4.82 billion baht, by 10 different companies, have been granted promotion benefits for investments in the manufacture of EV batteries

FDI Drive Thailand’s Investment Up 59% says BOI

Japan once again topped the list of FDI source countries with a combined investment value of 80.7 billion baht for 178 projects, followed by China with 38.6 billion baht in investment pledges for 112 projects, and Singapore with 29.7 billion baht for 96 projects.

Thailand BOI Approves Extension of Investment Acceleration Package

Apart from a standard 5-8 years corporate income tax (CIT) exemption, project applications filed by end-2022 will be eligible for an additional 50% CIT reduction for a period of 5 years, on the condition they realize investment of not less than 1 billion baht within 12 months of the investment certificate issuance, Ms Duangjai told reporters.

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.