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Thailand 4.0 a new value-based economy - Thailand Board of ...

Thailand a new value-based economyBonggot AnurojDeputy Secretary GeneralThailand Board of InvestmentOutline2345 Current investment Promotion PolicyEuropean investment TrendEEC Incentive SchemeBOI Services1 Thailand : a New Economic Model10 Targeted S-curve Industries5 First S-Curve 5 New S-Curve Food for The FutureDigital EconomyMedical HubAutomation and RoboticsAviationand LogisticsAgricultural and BiotechnologySmart ElectronicsAffluent Medical and Wellness TourismNext-Generation AutomotiveBiofuels and Biochemical2 Current investment Promotion Policy Focus of Current investment Promotion Policies Research and development Targeted industries/services Value-added creationTechnology and Innovation Human capital Foreign talentsPeople Upgrading of existing companiesProductivity Enhancement Eastern Economic Corridor (EEC) Border Special Economic Zones Disadvantaged areasDevelopment of targeted areas7 BOI s investment Policy FrameworkPolicyTax IncentivesFacilitationLand ownership rightsWork permit & Visa facilitation100%Foreign ownershipNo local content requirementsNo export requirementsNo restriction on foreign currencyExemption of import duties on machinery / raw or essential materials imported for use in production for export and for R&DCorporate income tax exemption up to 13 years50% CIT reduction within 10 years(ITA: investment Tax Allowance) Deduction up to 70% of the invested capital on net profit derived within 10 years (ITA)Sector-based Incentives

Thailand Board of Investment, Headquarter Vibhavadi-Rangsit Road, Chatuchak, Bangkok 10900 Tel: +66 (0) -2553 8111 Fax: +66 (0) -2553-8222 E-mail : head@boi.go.th Website : www.boi.go.th Frankfurt Bangkok

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