The Thailand Board of Investment (BOI) approved investment applications worth a total of 200 billion baht (ca. US$ 5.9 billion) in rail and digital infrastructure projects. The meeting also approved incentives to encourage public – private joint ventures in hospital projects.

The first approved project is Bangkok Expressway and Metro PCL’s 109.2 billion baht investment in the construction of the Orange Line which will connect Bangkok’s western and eastern suburbs, from Bang Khun Non to Min Buri (Suwinthawong).

The board approved three data center and cloud services projects including China’s Beijing Haoyang Cloud Data Technology Co., Ltd. , Singapore-based Empyrion Digital, and GSA Data Center 02 Co., Ltd.

The board also approved a review of the eligible business types in the healthcare sector. Companies entering joint ventures with government agencies according to the Public-Private Partnership (PPP) scheme to build hospitals with a capacity of at least 91 beds for overnight patients will be eligible to two additional years of corporate income tax exemption on top of standard benefits.