BOI Policy Update, Moving Towards a New Engine of Growth
Last Friday 11th of March 2016, the Board of Investment of Thailand BOI organized an event mainly for new Chinese investors at the beautiful venue of Dusit Thani Hotel in Silom (Bangkok). The seminar was conducted simultaneous in Chinese and Thai language at a crowded Napali Ballroom.
During the seminar “BOI Policy Update: Moving Towards a New Engine of Growth”, diplomats of the People’s Republic of China, the Deputy Secretary General of BOI Ms. Ajarin Pattanapanchai and a representative of the National Science Technology and Innovation Policy Office introduced the main topics of the Board of Investment of interest of the Chinese investors and business people.
Lawyers representing Juslaws & Consult (J&C) attended the seminar to join the interesting discussion among Chinese business people and BOI officials on the new cluster policy and the different tax and non-tax incentives under BOI scheme.
The BOI under the newly launched special measures expects a steep increase in the value of the projects from about 218 billion THB in 2015 to 450 billion THB in 2016. Around 1,600 projects are eligible to gain additional tax privileges during 2016 in different sectors such as medical equipment manufacturing, digital economy, software, the international headquarters and international trading center schemes, engineering design, research and development and biotechnology.