The Thai Cabinet has approved a comprehensive incentive package worth 50 billion THB aimed at accelerating the development of sustainable and smart industrial estates across the country, with a focus on environmental protection and technological advancement.
Incentive Package Details
Incentive Type | Budget (Billion THB) | Duration | Target Estates |
|---|---|---|---|
Infrastructure Development | 20 | 5 years | 25 |
Green Technology Adoption | 15 | 3 years | All new estates |
Skills Development Programs | 8 | 4 years | Nationwide |
R&D Grants | 5 | 3 years | Technology-focused |
Export Promotion | 2 | 2 years | Export-oriented |
Eligibility Requirements
• Minimum 30% renewable energy usage
• Zero liquid discharge waste management
• Smart manufacturing technology integration
• Local workforce development programs
• Environmental impact mitigation measures
The incentive package is expected to attract over 200 billion THB in private investment and create approximately 80,000 new jobs over the next five years.
