The electronic machine tracking system (eMT) was developed by
the Investor Club Association to assist companies, promoted by the
Board of Investment (BOI), with privileges granted under Section 28
and 29 of the Investment Act B.E. 2520.
The Investor Club Association (IC), established in 1993, is an
organization which brings together Thai and foreign investors for
collaboration and exchange of information. Under this
collaboration, the IC developed different systems to quickly
realize a BOI promotion.
Depending on the status of a promoted person, the BOI grants
various benefits and rights which are listed in Chapter 3 of the
Investment Act B.E. 2520. According to Section 28 of Chapter 3, the
promoted person shall be released from the payment of import duties
on machinery which is essential for the promoted activity. And this
is where the eMT system is utilized.
