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Thailand BOI Approves Extension of Investment Acceleration Package, EEC Incentive Package and Additional Special Zones

Retrieved on: 
Monday, December 20, 2021
Digital Park, Hospital, Bed, Thailand Institute of Scientific and Technological Research, Board, AIT, NIA, Industry, EECA, National Association Medical Staff Services, Private sector, Hong Kong Applied Science and Technology Research Institute, Research, Knowledge, Asian Institute of Technology, Investment, Doctorate, COVID-19, Innovation Hub, Overalls, EEC, Policy, Classification, Vostochny Airport, Eastern Economic Corridor, Thailand Board of Investment, Precision medicine, CIT, BOI, Renewable energy, Technology, Science

BANGKOK, Dec. 20, 2021 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone and classification of AIT and TISTR as science and technology zones.

Key Points: 
  • BANGKOK, Dec. 20, 2021 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone and classification of AIT and TISTR as science and technology zones.
  • In order to further stimulate investment to fuel economic recovery, the Board approved
    a one-year extension of the existing incentives to accelerate investment in large-scale projects.
  • As the Eastern Economic Corridor (EEC) is Thailand's prime area for investment, particularly those in targeted industries, the Board approved extension of the special incentives scheme for investments in EEC.
  • Qualified investments on those sites will enjoy special incentives including an additional 50% CIT reduction for five years, on top of the standard tax benefits.

Thailand BOI Approves Extension of Investment Acceleration Package, EEC Incentive Package and Additional Special Zones

Retrieved on: 
Monday, December 20, 2021
Digital Park, Hospital, Bed, Thailand Institute of Scientific and Technological Research, Board, AIT, NIA, Industry, EECA, National Association Medical Staff Services, Private sector, Hong Kong Applied Science and Technology Research Institute, Research, Knowledge, Asian Institute of Technology, Investment, Doctorate, COVID-19, Innovation Hub, Overalls, EEC, Policy, Classification, Vostochny Airport, Eastern Economic Corridor, Thailand Board of Investment, Precision medicine, CIT, BOI, Renewable energy, Technology, Science

BANGKOK, Dec. 20, 2021 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone and classification of AIT and TISTR as science and technology zones.

Key Points: 
  • BANGKOK, Dec. 20, 2021 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved a number of policy measures, namely an extension of the investment acceleration package and EEC incentive package, special incentive package for Yothi Medical Innovation Zone and classification of AIT and TISTR as science and technology zones.
  • In order to further stimulate investment to fuel economic recovery, the Board approved
    a one-year extension of the existing incentives to accelerate investment in large-scale projects.
  • As the Eastern Economic Corridor (EEC) is Thailand's prime area for investment, particularly those in targeted industries, the Board approved extension of the special incentives scheme for investments in EEC.
  • Qualified investments on those sites will enjoy special incentives including an additional 50% CIT reduction for five years, on top of the standard tax benefits.