Special incentives scheduled for six growth industries
According to media reports, Mr. Apisak Tantivorawong, the Finance Minister, plans to establish a fund to offer additional investment incentives as Board of Investment privileges to six industries such as biofuel, logistics and robotics. These incentives are considered essential to driving the country towards an S-shaped growth curve.
“This fund will provide low-interest credit or even other benefits given by Board of Investment” said Somchai Sujjapongse, finance permanent secretary.
The Fiscal Policy Office will complete the fund concept within next week before being forwarded to Deputy Prime Minister Somkid Jatusripitak for consideration.
Please find more information about this news at Bangkok Post under the following link: http://www.bangkokpost.com/business/news/760864/special-incentives-scheduled-for-six-growth-industries
Fabian Doppler
Fabian is a founding partner of FRANK Legal & Tax. He focuses his practice on corporate / commercial and real estate law, as well as litigation. He is admitted to the Bar of Stuttgart, where he actively practiced law before coming to Thailand in 2005.
