The Board of Investment (BOI) has officially designated seven new Industrial Estate Investment Zones across Thailand, offering unprecedented incentives for high-technology and sustainable manufacturing industries.
New Investment Zones
Zone Location | Size (Hectares) | Target Industries | Special Incentives |
|---|---|---|---|
Nakhon Ratchasima | 1,200 | Advanced Materials | 15-year tax holiday |
Khon Kaen | 900 | Biotechnology | 12-year tax holiday |
Udon Thani | 800 | Aerospace Components | 13-year tax holiday |
Surat Thani | 1,500 | Clean Energy | 10-year tax holiday |
Phitsanulok | 700 | Smart Agriculture | 8-year tax holiday |
Nakhon Sawan | 1,000 | Logistics Hub | 10-year tax holiday |
Prachuap Khiri Khan | 600 | Marine Technology | 12-year tax holiday |
Enhanced Incentive Package
• Extended tax holidays up to 15 years for qualifying projects
• Land ownership rights for foreign investors
• Streamlined permit processes with one-stop service
• Import duty exemptions on machinery and raw materials
• Work permit facilitation for skilled foreign workers
Applications for investment in the new zones will be accepted starting February 1, 2024, with fast-track approval processes for projects meeting sustainability and technology criteria.
