Functions of the Division of the Board of Investment
Source: Ministerial Regulations on governmental functions, the Office of the Board of Investment
Last Updated: March 30th, 2023
About the BOI
The Office of the Board of Investment or BOI has the responsibilities in promoting investment in businesses that are beneficial to the country by granting investment rights and benefits, creating supportive environment for investment, and promoting and servicing investment in order to strengthen the overall national economic and social systems. The duties and authorities of the Board are:
- To operate in accordance with the laws on investment promotion, the laws on competitiveness enhancement of the country in targeted industries, and other relevant laws;
- To operate in accordance with the resolutions of the Board of Investment or the Commission on the National Competitiveness Enhancement for Targeted Industries Policies, or as assigned by such entities;
- To publicize investment atmosphere and attract investment in essential businesses which create immense value to national economy, society and security;
- To establish investment service centers for anticipating investors or investors to apply for permission and investment-related services, as well as to facilitate and assist those anticipating investors in preparing and operating their projects;
- To analyze the projects applied for promotion, inspect and control, and evaluate the investment of the promoted projects;
- To study and survey for investment, produce investment feasibility report, plan and promote investment, and assist in solving problems for investors;
- To study, collect and provide information, and promote investment both in the country and overseas, as well as to seek for co-investors or experts in the fields necessary for national development, and to create connectivity and enhance investment opportunities for Thai investors;
- To evaluate investment promotion and performance of the National Competitiveness Enhancement for Targeted Industries Fund, as well as to evaluate the worthiness of the incentives given to promoted investors;
- To operate other tasks as stipulated by the laws to be the duties and authorities of the Office, or as assigned by the Prime Minister or the Cabinet.
The duties and authorities of the Office are:
- to operate general administration works, facilitate the secretarial works of the Office, the Board of Investment, the Commission on the National Competitiveness Enhancement for Targeted Industries Policies, its sub-committees and working groups appointed by the Board of Investment and the Commission on the National Competitiveness Enhancement for Targeted Industries Policies;
- to manage finance, accounting, budgeting, material purchasing, and premises and vehicles of the Office;
- to oversee the management of human resources and civil service employee development, enhance discipline and uphold good governance of the Office;
- to manage all documentation according to applicable laws and regulations, legal documents and contracts, issues of criminal and civil liabilities, and other cases; to provide legal consultation and advice on legal matters or international agreements on commerce and investment, and to receive comments from relevant parties and analyze impact which may arise from the laws, as well as to evaluate the accomplishment of the laws under the Office area of responsibility;
- to provide promotion certificates according to the resolution of the Board of Investment and the Commission on the National Competitiveness Enhancement for Targeted Industries Policies, and collect and organize the documents of the projects applying for promotion;
- to manage accounts payable and receivable, and financial control, prepare financial report and financial statement, and performance report of the Commission on the National Competitiveness Enhancement for Targeted Industries Policies;
- to cooperate with or support the operation of other relevant agencies, or as assigned by the Secretary General.
The duties and authorities of the Division are:
- to study, analyze, suggest, and attend meetings on international business agreements or international investment cooperation;
- to study and analyze investment situations of foreign investors in Thailand;
- to survey the confidence of foreign investors, and their problems or obstacles;
- to study and analyze the laws, rules and regulations on investment and the investment promotion policies in foreign countries;
- to defend against lawsuits in case the promoted industries are prosecuted from providing rights and incentives on investment;
- to provide information and consultation for business operators in order prepare for and benefit from international agreements on commerce and investment;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities of the Division are:
- to monitor, inspect and oversee the operation of the promoted investors to comply with the promotion conditions;
- to collect and analyze data, and evaluate the promoted projects;
- to study and analyze data, and propose guidelines for monitoring, inspecting and evaluating of promoted projects as stipulated by the laws on investment promotion to be the responsibilities of the Board of Investment, and by the laws on national competitiveness enhancement for targeted industries to be the responsibilities of the Commission on the National Competitiveness Enhancement for Targeted Industries Policies;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to be the center for attracting both Thai and foreign experts to work in the necessary fields and needed in Thailand, and support the development of industries and services according to the national strategies and national reform plan;
- to establish overall strategies for attracting strategic projects both of investment in Thailand and overseas that comply with targeted industries in the national potential scheme;
- to coordinate and prepare the action plan and budget plan in conformity with the Competitiveness Enhancement For The Targeted Industries Act;
- to study and monitor economy and investment policies both in the country and overseas for targeted industries as information that generates investment promotional policies and targets for national competitiveness enhancement;
- to analyze the investment ecosystem in favor of enhancement of the competitiveness of the country for the targeted industries, especially laws, rules, regulations, and propose measures for solving obstacles and constraints. Ultimately, Thailand will acquire a competitive business ecosystem;
- to suggest promotional measures and encourage investment in technological development and technology transfer that is related to national competitiveness enhancement for targeted industries;
- to create a supportive environment for national competitiveness enhancement for targeted industries by coordinating with relevant agencies to provide necessary factors which facilitate overall investment, and investing in targeted industries in accordance with the government policies;
- to evaluate the investment promotion policies, monitor and appraise the performance of the national competitiveness enhancement for targeted industries in terms of the worthiness of incentives that are given to the promoted projects;
- to develop economic tools for supporting the analysis of activities and projects to be promoted that generate national competitiveness enhancement for targeted industries.
The duties and authorities are:
- to study, analyze and prepare information on investment connectivity in targeted countries and industries, and to produce database on Thai enterprises and Thai overseas investment;
- to develop strategies and measures on investment connectivity as well as investment promotion in overseas targeted countries on a country-wise basis;
- to build local and overseas promotional networks in order to connect and promote investment in foreign countries, as well as to propagate and disseminate overseas investment opportunities for Thai enterprises;
- to develop and promote investment connectivity in order to strengthen the agro-industry and service sectors in accordance with the national strategies and national reform plans;
- to build cooperation and connectivity among enterprises and network of knowledge and experts in various fields both in Thailand and overseas, with an aim to transfer knowledge and technology to Thai entrepreneurs;
- to conduct activities in accordance with the investment connectivity plans and Thai overseas investment promotion plans, and to monitor and evaluate the performance;
- to provide investment-related consultation, promote and support the cooperation among Thai and foreign entrepreneurs; and to increase technological capacity, find co-investors, provide consultation, advice and services on overseas investment, as well as to train Thai investors anticipating in overseas investment;
- to follow up, cooperate and assist Thai entrepreneurs investing abroad;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to develop investment promotional strategies, policies, and criteria, as well as investment development plan in compliance with the national strategies and national reform plans, and to generate national competitiveness enhancement plan for targeted industries;
- to develop overall strategies to attract foreign investment and promote overseas Thai investment;
- to study and monitor investment economy and investment policies both in the country and overseas as an information for generating investment promotion policy and target;
- to coordinate and prepare budget plan and action plan in conformity with the national economic and social development plans, government policies, and investment promotion policies;
- to evaluate the investment promotion policies, monitor and evaluate the performance of the plan and projects of the Office; as well as to evaluate the performance of the National Competitiveness Enhancement for Targeted Industries Fund, and the worthiness of the incentives given to the promoted projects;
- to develop economic tools for supporting the analysis of activities and projects to be promoted, and tools for supporting the analysis of investment economy, as well as to be the center for investment knowledge and in-depth analysis of each industry;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to undertake in-depth analysis of investment project proposals and provide opinions on investment promotion; to manage the rights and benefits of projects, and to protect the promoted projects;
- to study and analyze information of industries under their area of responsibility; to propose appropriate investment promotion guidelines for industries under their area of responsibility and measures for providing rights and benefits as prescribed by the laws on investment promotions to be the authorities of the BOI and by the laws on the national competitiveness enhancement to be the authorities of the Commission on the National Competitiveness Enhancement for Targeted Industries Policies;
- to provide consultation and advice on investment for industries under their area of responsibility, to support the decision of both Thai and foreign investors;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to study, analyze, and prepare investment information of targeted countries and investors, and build an investment database of targeted countries and investors;
- to develop investment attraction strategies by country, as well as foreign investment attraction plan;
- to conduct activities in accordance with the investment attraction plan in Thailand and abroad by coordinating with agencies and organizations in both public and private sectors;
- to build foreign investment attraction networks in Thailand and abroad;
- to coordinate with the BOI’s Overseas Investment and Economic Offices;
- to monitor and evaluate the investment attraction activities;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to develop the BOI’s technology and communication policies, master plan, and action plans in compliance with the digital economy and society development plans;
- to develop guidelines for operation and management according to the BOI’s standard of information security system, and in compliance with the policies and guidelines for information security systems of government agencies;
- to study, analyze, design, and develop the BOI's information system in accordance with the BOI’s missions and strategies, as well as the investors’ requirements;
- to be the database management center for investment information; develop database standard and integrate the BOI’s database; and collect and process the database and generate statistical reports on investment information database;
- to manage the BOI’s internal network system and link the network with external agencies;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to provide advice and suggestions in applying for investment promotion, and provide information on business operation and investment in Thailand as a support for decision making for Thai and foreign investors;
- to facilitate investors in investment surveying, coordinating with relevant agencies, and applying for promotion;
- to provide services and permits to stay and to work in Thailand for foreign skilled workers and experts; and administrate and supervise the visa and work permit service center;
- to administrate the investment information center;
- to supervise the One Start One Stop Investment Center, receive applications and distribute to relevant agencies for further action; to receive comments and facilitate the investors or entrepreneurs in starting or establishing businesses; and to provide one stop services for targeted industries in accordance with the government policies;
- to generate strategic plans, manage public relations schemes, and produce PR materials to disseminate information on roles, responsibilities and tasks of the BOI, and the image of Thailand in order to create confidence in Thailand’s overall investment potential and atmosphere;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities are:
- to promote and attract investment;
- to give advice, guidance, and facilitation, and provide information for investors;
- to administrate the rights and benefits, as well as monitor and supervise the operation of promoted projects in accordance with the investment promotion criteria;
- to build investment networks and industrial linkages in Thailand and abroad;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
The duties and authorities in their areas of responsibilities are:
- to give advice, guidance, and facilitation, and provide information for Thai investors to promote overseas investment and for foreign investors to invest in Thailand;
- to attract foreign investors to invest in Thailand, and promote overseas investment among Thai investors;
- to collect information and analyze the economic and investment situation, and collect overseas investment statistics;
- to create networks with investment promotion agencies in targeted countries;
- to cooperate with or support the operation of other relevant agencies or as assigned by the Secretary General.
Source: Ministerial Regulations on governmental functions, the Office of the Board of Investment
Last Updated: March 30th, 2023
