○ BOI : The Board of Investment of Thailand

Investment Promotion Measure to Upgrade Automotive Industry

- Policies for Investment Promotion
- Measures for Competitiveness Enhancement
- Investment Promotion Measure for Retention and Expansion Program
- Investment Promotion Measure for Comprehensive Relocation Program
- Investment Stimulation Measure for Economic Recovery
- Investment Promotion Measure to Upgrade Automotive Industry
- Investment Promotion Measure in the EEC
- Investment Promotion Measure in the Economic Corridor
- Investment Promotion Policy for Investment in SEZ
- Investment Promotion Policy for Industrial Development in Border Provinces in Southern Thailand
- Investment Promotion Measure in the Medical Innovation District
- Investment Promotion Measures for Community and Society Development
- Competitiveness Enhancement Projects

Investment Promotion Measure to Upgrade Automotive Industry

To encourage entrepreneurs in the automotive industry to adopt automation and robotics in order to enhance production efficiency for both conventional and electric vehicles. This applies to both existing projects and new investments, aiming to improve production efficiency and supporting the transition towards becoming a hub for modern, technology-driven automotive manufacturing.

Scope of Business Categories Eligible for Investment Promotion

Category 3.6 The manufacture of general automobiles

Category 3.8 The manufacture of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs) and BEV platforms (only the manufacturing activities of plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicle (HEVs)

Conditions for Applying for Investment Promotion
✓ Existing projects, with or without BOI investment promotion ✓ New investment projects
In the Case of Existing BOI-Promoted Projects	The applicants may apply for promotion under this measure when the corporate income tax (CIT) exemption benefits have expired, or the projects have never received the CIT exemption.
Scale of Investment	The applicants must have a minimum investment of 1 million baht, excluding the cost of land and working capital
Investment Plan	The applicants must submit a plan for investment in the automation system or robotics to support the manufacturing process, in accordance with the criteria specified by the Office. Applicants must submit a plan for investment in automation systems or robotics to support the manufacturing process, in accordance with the criteria specified by the Office.
Product Development Plan	The applicants must submit an automotive product development plan that incorporates technologies focused on cleanliness, energy efficiency, safety, intelligent driving, or other appropriate technologies.
Determination of Eligible Investment Value for the Project	The investment or expenditure on machinery and equipment shall be counted in full.
Determination of Eligible Investment Value for the Project	The investment or expenditure on utilizing software, program or information technology, as well as expenses for renting or using cloud service or data center, shall be categorized and counted according to the following two cases.
	Case 1: The following investment or expenditure shall be counted in full: The investment or expenditure on utilizing software, program, or information technology that integrated with machinery or equipment to manipulate, control, and support the manufacturing system. The investment or expenditure on the application of Artificial Intelligence (AI) or machine learning, and utilizing big data and data analytics The investment or expenditure on utilizing software, program, or information technology for enterprise management developed or improved by entrepreneurs in Thailand certified by related agencies. The expenditure on renting/using cloud services or data centers located in Thailand	Case 2: The following investment or expenditure shall be counted as half The investment or expenditure on utilizing software, program, or information technology for enterprise management which is developed or improved by entrepreneurs in Thailand not certified by related agencies, or entrepreneurs in foreign countries The expenditure on renting/using cloud service or data center in foreign countries

Privileges and Incentives
1. 1. 3-year CIT exemption with a cap equivalent to 50 percent of the investment capital in automation and robotics, excluding the cost of land and working capital	In the case of existing projects	In the case of new investment projects
	The CIT exemption period for the existing project shall commence from the date on which revenue is first generated after the promotion certificate is issued.	If the new investment of automation system or robotics is utilized in the production line, and at least 30% of the total value of the automation systems and robotics is linked to or supported by the domestic automation industry, shall be granted 3-year CIT exemption with a cap equivalent to 100 percent of the value of automation system or robotics in the project, excluding the cost of land and working capital.
2. Exemption from import duties on machinery

Applications for investment promotion must be submitted by the last working day of 2025, and the project must be completed within 3 years from the date of issuance of the investment promotion certificate.

Supporting documents :

• Announcement of the Board of Investment No. 2/2566 Investment Promotion Measure to Upgrade Automotive Industry

• Checklist of Required Documents for Evaluating Automation Systems

• Application Attachment Form for Promotion under the Criteria for Privileges and Incentives in accordance with the Efficiency Improvement Measure for Machinery and Automation System Upgrades under the BOI Announcements No. 15/2565 and No. 2/2566 (F PA PP 30-08)

• Application Attachment Form for Additional Privileges and Incentives under the Industrial Upgrading Measure for the Adoption of Automation and Robotics in Production or Services (F PA PP 46-03)