- In December 2019, Thailand's Board of Investment (BOI)
issued a new incentive package to attract more investments into the
Eastern Economic Corridor (EEC).
- Under this package, businesses are eligible for tax
reductions and holidays if they engage in human resource
development activities.
- The incentives also now cover more business categories than
previously.
In late December 2019, Thailand's Board of
Investment (BOI), the government agency responsible for foreign
investment promotion, issued new incentives to attract investments
in the country's Eastern Economic Corridor (EEC).
The EEC is a special development zone (SEZ) established in 2017
and straddles three eastern provinces of Thailand – Chonburi,
Rayong, and Chachoengsao – spanning a total of 13,285 square
kilometers. The government aims to complete the EEC by 2021 and
turn it into a hub for technological manufacturing and
services.
