Summary of BOI seminar


Yesterday on the Board of Investment (BOI) seminar the Prime Minister of Thailand Prayut Chan-o-cha made a speech. During his speech, the Prime Minister urged local and foreign investors to invest more actively in the target sectors of the economy, the Government, in turn, develops a number of provisions in order to promote and support investors.

From the speech as it became known that the development of technology to focus on biotechnology, energy, health care and medical care.

It is planned to introduce additional tax benefits to attract talented foreign workers, especially in areas where the country is facing a shortage of manpower.

In addition, the government intends this year to the development of key infrastructure projects, especially the double-track railway lines, to improve logistics and enhance Thailand's competitiveness.

One of the main hopes of the Government imposes on Eastern Economic Corridor (EEC), which will be based in the area of provinces Chonburi, Rayong and Chachoengsao. This corridor is designed to develop high-tech industry cluster with a view that this corridor will become the economic hub of ASEAN in the future.

Expect more detailed information about last seminar of BOI on the website Investeast.

Source: bangkokpost.com