Reference

Β·

Supporting source

BOI BCG green-construction investment approvals

~THB 5–8B approved

As ofFY2023Β·Sources2Β·Supporting

Under Thailand's Bio-Circular-Green (BCG) economic model, the Board of Investment has created preferential promotion categories for energy-efficient buildings, green industrial estates, and prefabricated-construction technology. Annual BOI approvals in these categories collectively represent THB 5–8 billion in declared investment, incentivising corporate relocations to green-certified industrial zones and stimulating demand for contractors with LEED or TREES certification capacity. The TREES rating system (Thai's equivalent of LEED) is administered by the Thai Green Building Institute (TGBI). Uptake has risen sharply since 2022 as multinationals committing to Scope 3 emissions targets require green-certified Thai facilities.

Figure in context

Under Thailand's Bio-Circular-Green (BCG) economic model, the Board of Investment has created preferential promotion categories for energy-efficient buildings, green industrial estates, and prefabricated-construction technology. Annual BOI approvals in these categories collectively represent THB 5–8 billion in declared investment, incentivising corporate relocations to green-certified industrial zones and stimulating demand for contractors with LEED or TREES certification capacity. The TREES rating system (Thai's equivalent of LEED) is administered by the Thai Green Building Institute (TGBI). Uptake has risen sharply since 2022 as multinationals committing to Scope 3 emissions targets require green-certified Thai facilities.

Under Thailand's Bio-Circular-Green (BCG) economic model, the Board of Investment has created preferential promotion categories for energy-efficient buildings, green industrial estates, and prefabricated-construction technology. Annual BOI approvals in these categories collectively represent THB 5–8 billion in declared investment, incentivising corporate relocations to green-certified industrial zones and stimulating demand for contractors with LEED or TREES certification capacity. The TREES rating system (Thai's equivalent of LEED) is administered by the Thai Green Building Institute (TGBI). Uptake has risen sharply since 2022 as multinationals committing to Scope 3 emissions targets require green-certified Thai facilities.

Time scope

FY2023

Source basis

Supporting source

Interpretation notes

What this tells you

Under Thailand's Bio-Circular-Green (BCG) economic model, the Board of Investment has created preferential promotion categories for energy-efficient buildings, green industrial estates, and prefabricated-construction technology. Annual BOI approvals in these categories collectively represent THB 5–8 billion in declared investment, incentivising corporate relocations to green-certified industrial zones and stimulating demand for contractors with LEED or TREES certification capacity. The TREES rating system (Thai's equivalent of LEED) is administered by the Thai Green Building Institute (TGBI). Uptake has risen sharply since 2022 as multinationals committing to Scope 3 emissions targets require green-certified Thai facilities.

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BOI BCG green-construction investment approvals Β· Insight