Speaking for the first time with international media after taking office on 1 October 2017, Ms.Duangjai said, “BOI intends to attract more investment projects and encourage existing investors to improve production efficiency. To achieve these,our role in the next six to 12 months from now is to ensure existing investment policy continuity. In the longer term, as some of the existing promotion scheme will expire end of this year, we will consider new measures that will maintain this momentum. In the end, the investment measures we offer will all support the country’s transformation under Thailand 4.0 model to become a value and innovation-based country,” said Ms. Duangjai.
     In addition to the core incentives launched back in 2015, new promotional incentive schemes were recently introduced to continue the momentum of investment in targeted industries, especially agriculture. BOI last month approved the addition of a new category for promotional privileges – Production or Service Providers for Modern Agriculture. Under this new category, projects providing services on advanced technology and automatic control system to operate farms are eligible for five-year corporate tax exemption.

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