Reference
Β·Primary source
BOI Approved Projects β Machinery and Equipment Category
~THB 30β50B approved investment value/yr
Thailand's Board of Investment approves THB 30β50 billion of machinery and industrial-equipment manufacturing projects annually across categories including precision components, industrial robots, and food-processing machinery. Promoted-project data is published quarterly by BOI in its investment statistics bulletin. Projects in promoted categories receive 3β8-year CIT exemptions, import-duty waivers on machinery, and non-CIT incentives (work permits, land ownership rights for foreigners). The machinery-manufacturing sector is a BOI priority under the government's 'Thailand 4.0' and S-curve industry frameworks β aiming to shift Thailand from assembler to original-design manufacturer in selected machinery niches.
Figure in context
Thailand's Board of Investment approves THB 30β50 billion of machinery and industrial-equipment manufacturing projects annually across categories including precision components, industrial robots, and food-processing machinery. Promoted-project data is published quarterly by BOI in its investment statistics bulletin. Projects in promoted categories receive 3β8-year CIT exemptions, import-duty waivers on machinery, and non-CIT incentives (work permits, land ownership rights for foreigners). The machinery-manufacturing sector is a BOI priority under the government's 'Thailand 4.0' and S-curve industry frameworks β aiming to shift Thailand from assembler to original-design manufacturer in selected machinery niches.
Thailand's Board of Investment approves THB 30β50 billion of machinery and industrial-equipment manufacturing projects annually across categories including precision components, industrial robots, and food-processing machinery. Promoted-project data is published quarterly by BOI in its investment statistics bulletin. Projects in promoted categories receive 3β8-year CIT exemptions, import-duty waivers on machinery, and non-CIT incentives (work permits, land ownership rights for foreigners). The machinery-manufacturing sector is a BOI priority under the government's 'Thailand 4.0' and S-curve industry frameworks β aiming to shift Thailand from assembler to original-design manufacturer in selected machinery niches.
Time scope
FY2023
Source basis
Primary source
Interpretation notes
What this tells you
Thailand's Board of Investment approves THB 30β50 billion of machinery and industrial-equipment manufacturing projects annually across categories including precision components, industrial robots, and food-processing machinery. Promoted-project data is published quarterly by BOI in its investment statistics bulletin. Projects in promoted categories receive 3β8-year CIT exemptions, import-duty waivers on machinery, and non-CIT incentives (work permits, land ownership rights for foreigners). The machinery-manufacturing sector is a BOI priority under the government's 'Thailand 4.0' and S-curve industry frameworks β aiming to shift Thailand from assembler to original-design manufacturer in selected machinery niches.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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