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Thailand BOI Announces New Incentives for Investor Retention, Relocation, Hydrogen Vehicles
Published on 07/11/2022
» In a follow up to its new five-year strategy released in October, the Thailand Board of Investment (BOI) announced on 4 November 2022 new incentive packages including, for the first time, a set of special privileges to support expansion by longstanding investors, a comprehensive relocation program covering headquarters as well as research and manufacturing facilities, and a first package for investment in sustainable activities such as the manufacture of hydrogen vehicles and the setup of electric vehicle (EV) battery swapping stations.
Thailand’s 2021 investment pledges up 59% to US$19.5 billion on FDI and BCG Boost – BOI
Published on 04/02/2022
» The Thailand Board of Investment (BOI) announced on 3 February 2022 that the combined value of foreign and local applications for investment promotion in 2021 totalled 642.7 billion baht (ca. US$19.5 billion), an increase of 59%, boosted mainly by foreign direct investments (FDI) in tech sectors and a continued increase in the value and number of projects in Bio-Circular-Green (BCG) industries, as well as the continued build-up of the power generation sector.