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Thailand BOI's New 7-year Investment Promotion Plan

Driven by the vision “To promote valuable investment, both investment in Thailand and Thai overseas investment, in order to enhance the nation’s competitiveness, to overcome the “middle income trap” and to achieve sustainable growth in accordance with the philosophy of sufficiency economy", Thailand’s Board of Investment (“BOI”) has recently announced a new 7-year investment promotion strategy, to be effective from January 1, 2015 to December 31, 2021, as summarized below. 1. Investment Promotion Policy The BOI has the policy to promote the following investments: 1.1 Investment that helps enhance national competitiveness by encouraging R&D, innovation, value creation in the agricultural, ind

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