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List of Activities Eligible for Investment Promotion
This Board of Investment Announcement No. 2/1993 (April 9) supersedes the previous eligibility list and should be read in conjunction with BOI Announcement No. 1/1993, the Policies and Criteria for Investment Promotion
In order to categorize activities eligible for promotion according to the Thailand Standard Industrial Classification (TSIC), national economic and social development policies, and international trade and investment agreements, the Board of Investment, under Section 16, Paragraph 2 of the Investment Promotion Act B.E. 2520, has revised the categories and conditions of activities eligible for promotion as follows:
- Under Section 7 of this announcement, all previous Board of Investment Announcements on Type, Size and Conditions of Activities Eligible for Promotion, and on Activities Suspended from the Investment Promotion List are revoked.
- Activities in the list attached to this announcement are eligible for investment promotion.
- Promoted projects must comply with the conditions specified for each type of activity.
- A minimum level of investment capital (excluding the cost of land and working capital) of one million bath is applied of all types of activities eligible for promotion.
- In order to support export-oriented investment, activities which are required to locate in zone 3 according to this announcement will be allowed to locate in industrial estates or promoted industrial zone in Zone 2 under the following conditions:
- The project must export not less than 80% of total sales.
- In order to support expansion of export investment, activities which are required to locate in Zone 2 can also locate in Zone 1 and those locating in Zone 3 can locate in Zone 1 or Zone 2 if:
- The factory is located in the same area.
- The project must export not less than 80% of total sales.
- The project cannot have machinery import and income tax privileges.
- Applications for promotion must be submitted by the year 2001.
- The Board may temporarily or permanently suspend activities in the investment Promotion List attached to this announcement at any time if it considers that promotion is no longer needed or the Board may add new activities to the list if it considers that such activities should be promoted.
- The new list of activities under this announcement is effective for applications submitted from April 1,1993.
- Projects that have already been approved for investment promotion, but have not yet used their tax privileges as of April 1,1993 can reapply under the new Investment Promotion List and follow the new conditions specified there in.
The eligibility list follows and is classified under the following broad headings:
- Agriculture and Agricultural Products
- Minerals. Metals, and Ceramics
- Light Industry
- Manufacture of Metal Products, Machinery, and Transport Equipment
- Electronics and Electrical Industry
- Chemical Industry, Paper and Plastics
- Services and Public Utilities
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