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Seven-year Investment Promotion Strategy (2015 – 2021)

Seven-year Investment Promotion Strategy (2015 – 2021)

According to the Announcement of the Board of Investment No.2/2557 Policies and Criteria for Investment Promotion announced on December 3, 2014 which is enforced on BOI applications submitted from January 1,2015 onward:

Vision

To promote valuable investment, both investment in Thailand and Thai overseas investment to enhance Thailand’s competitiveness, to overcome the “Middle Income Trap” and to achieve sustainable growth in accordance with the sufficiency economy philosophy.

Investment Promotion Policies

1.     Promote investment that helps enhance national competitiveness by encouraging R&D, innovation, value creation in the agricultural, industrial and services sectors, SMEs, fair competition and inclusive growth  

2.     Promote activities that are environment-friendly, save energy or use alternative energy to drive balanced and sustainable growth 

3.     Promote clusters to create investment concentration in accordance with regional potential and strengthen value chains 

4.     Promote investment in border provinces in Southern Thailand to help develop the local economy, which will support efforts to enhance security in the area

5.     Promote special economic development zones, especially in border areas, both inside and outside industrial estates, to create economic connectivity with neighboring countries and to prepare for entry into the ASEAN Economic Community (AEC) 

6.     Promote Thai overseas investment to enhance the competitiveness of Thai businesses and Thailand’s role in the global economy 

Source: Announcement of the Board of Investment  No. 2 /2557

Last Updated: November 2015