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Thailand BOI Approves 28.6 Billion Baht in New Investments; Adds Incentives for the Use of Local Content in Electric Vehicle and E&E Manufacturing

The Thailand Board of Investment (BOI), at a meeting today chaired by Deputy Prime Minister Pichai Chunhavajira, approved investment applications worth a total of 28.6 billion baht (ca. US$ 870 million) in digital infrastructure and travel sector projects, as well as improved incentives for the use of local content in the manufacturing of electric vehicles (EV) and hybrids, as well as electrical appliances (E&E).

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