Investment Policy Monitor
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share
Latest publications
- Home >
- Investment Policy Monitor >
- Thailand - Reduced import tariff for four major investment projects
Thailand
Reduced import tariff for four major investment projects
01 Jun 2022On 1 June 2022, the Board of Investment (BOI) of Thailand approved tax incentives (import tariff reduction) for four major investment projects with combined investment value of 209 billion THB (around $ 6 billion) to promote further investments in infrastructure in the Eastern Economic Corridor.
According to BOI, four major investment projects are as follows: a project to manufacture battery electronic vehicles (BEV) by Horizon Plus Co Ltd (investment value of $ 1 billion); Asia Era One Co Ltd for its high-speed train project linking the Don Mueang, Suvarnahbhumi and U-Tapao airports ((investment value of $ 4.6 billion); a textile project by Kingboard Holding Ltd ((investment value of $ 0.2 billion); an electricity co-generation project ((investment value of $ 0.1 billion) of the IRPC Clean Power Co Ltd.
Accordingly, investors will get import tariff reduction for the import of materials and necessary items for the manufacturing process for five years instead of two years as approved. The companies that have received a two-year tax reduction earlier can ask for extension of the privilege to five years.
-
Type:
- Promotion and facilitation (Investment incentives)
-
Industry:
- Manufacturing (Manufacture of transport equipment)
- Services (Electricity, gas, steam and air conditioning supply)
-
Sources:
- vietnamplus, Thailand strives to attract foreign investment, https://en.vietnamplus.vn/thailand-strives-to-attract-foreign-investment/231140.vnp#google_vignette, 14 Jun 2022
- nationthailand, BOI grants privileges to four mega-projects worth THB209 billion, https://www.nationthailand.com/business/40016605, 13 Jun 2022
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.