Investment Regulation and Incentives

The Eastern Economic Corridor (EEC) Development Plan proposed by the ‘Thailand 4.0’ strategy aims to revitalize and enhance the well-known Eastern Seaboard Development Program. The Thai Government has targeted five sectors which can serve as engines to accelerate Thailand’s future growth as new S-curves consisting of Automation and Robotics, Aerospace, Medical and Healthcare, Bioenergy and Biochemicals, and Digital Industries.
The Thai Government adopts a policy that supports private investment in technology and innovation research and development to expand national competitive limitations. Hence the government has adjusted the rule for corporate tax exemption for companies submitting expenses in technology research and development as follows
The Thailand Board of Investment (BOI) announced a policy that supports investment in eight categories of technological development including:
1. Biotechnology Development
2. Nanotechnology Development
3. Advanced Material Technology Development
4. Digital Technology  Development
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