Page 54 - Introduction to Investment Laws in Thailand

The BOI also has various authoritative power to issue regulation and
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policy, contributing to increasing FDI to Thailand. The BOI has to
update its regulation to enable and attract the FDI, which serves the need
of country development. According to the recent announcement of the
Board of Investment No. 2 /2557 and announcement of the Board of
Investment No. Sor. 1/2560. The industries and business sectors that are
under promotion policy are:

Agriculture and Agricultural Products
Mining, Ceramics and Basic Metals
Light Industry
Metal Products, Machinery and Transport Equipment
Electronic Industry and Electric Appliances
Chemicals, Paper and Plastics
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Services and Public Utilities
The BOI also sets regulations and policies which give additional
Investment promotion measures on:

Measure for Improvement of Production Efficiency
Investment Promotion Policy for Industrial
Development in Border Provinces in Southern Thailand
Investment Promotion Policy for Investment in SEZ
Investment Promotion Measure in the EEC
Investment Promotion Measure for Grassroots Economy
Thailand Plus Package
Investment Promotion Measure to Encourage
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Companies to be Listed on the stock market
Thus, the BOI has the power to set regulations and policies that
facilitate the FDI and local investment that can serve the industrial and
business development in Thailand. Foreign businesses with the aim to
receive benefits and privileges from the Investment Promotion Act B.E.

69 Investment Promotion Act BE 2520(1977) section 40-42
70 BOI,2021, < https://www.boi.go.th/index.php?page=eligible_activities >
71 BOI,2021, < https://www.boi.go.th/index.php?page=eligible_activities >

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