Board of Investment (BoI) Secretary-General Atchaka Sibunruang Brimble on Monday revealed the BoI meeting chaired by Prime Minister Abhisit Vejjajiva supported the “sustainable investment policy” concept, which it believed could contribute to the country’s sustainable economic, social and environmental development.
She said the BoI is assigned to discuss with relevant state agencies ways to study and prepare details of investment promotion measures, which could be used to encourage the sustainable development of the country in various dimensions.
Investment projects to which investment promotions should be granted must help upgrade Thailand’s industrial sector into a higher technology-based one and enhance the country’s economic value.
The investment policy as applied during 2007-2008 must be revised to ensure investment promotion approval is given only to businesses that contribute sustainable investment and are environmentally friendly, she said.
New measures should be issued to encourage sustainable investment including human resources development, strengthening of science and technology, investment promotion for environmentally-friendly projects, and building of the industrial base by taking into account creativity and Thai value, and the development of Thailand into a “White Country” or a country where the export and import control procedure proceeds transparently, said the BoI chief. (TNA)
Thailand BOI Approves Measures to Promote Industry 4.0 Transformation
The measures approved include a 3-year corporate income tax exemption covering 100% of the investment into the Industry 4.0 upgrade.
The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to speed up Industry 4.0 transformation, and reported that total investment applications for the nine months to September 30 amounted to 520.7 bil-lion baht (USD15 billion), already higher than for the whole of last year.(more…)
Thailand BOI Approves Measures to Support Carbon Reduction
greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development
The Thailand Board of Investment (BOI) approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General of the BOI, announced today.(more…)
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