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Investment Promotion Measure in the Economic Corridor

Economic Corridor

Provinces

Targeted Industries

Northern (NEC)

Chiang Mai, Chiang Rai, Lamphun, and Lampang

Agriculture and food industry, digital industry, creative industry, tourism and wellness tourism industry

Northeastern (NeEC)

Nakhon Ratchasima, Khon Kaen, Udon Thani, and Nong Khai

Agriculture and food industry, and bio-based Industry

Central – Western (CWEC)

Phra Nakhon Si Ayutthaya, Nakhon Pathom, Suphan Buri, and Kanchanaburi

Agriculture and food industry, and electrical appliances and electronics industry

Southern (SEC)

Chumphon, Ranong, Surat Thani, and Nakhon Si Thammarat

Agriculture and food industry, bio- based industry, and tourism and wellness tourism industry

Conditions

Incentives

▶ In the case where there are Human Resource Development (HRD) activities or Research and Development of Technology and Innovation (R&D) activities

▶ Group A1+: Additional 2 years corporate income tax exemption

▶ Group A1-A4: 50% reduction of corporate income tax for an additional 3 years (after the corporate income tax exemption period expires)


Supporting documents :

Announcement of the Board of Investment No.18/2565 Investment Promotion Measure in the Economic Corridor



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