Yesterday, an event organized by the Board of Investment (BOI) took place, where Prime Minister Prayut Chan-o-cha delivered a speech. During his address, he encouraged both local and foreign investors to invest more actively in targeted sectors of the economy. In turn, the government is developing a range of measures aimed at supporting and incentivizing investors.
It was also announced that technological development will focus on biotechnology, energy, healthcare, and medical services.
Additional tax incentives are planned to attract skilled foreign workers, particularly in sectors facing labor shortages.
Furthermore, the government intends to invest in key infrastructure projects this year, especially double-track railway systems, to improve logistics and enhance Thailand’s competitiveness.
One of the government’s main priorities is the Eastern Economic Corridor, which will be based in the provinces of Chonburi, Rayong, and Chachoengsao. This corridor is intended to develop a high-tech industrial cluster and is expected to become an economic hub of ASEAN in the future.
More detailed information about the BOI seminar will be available soon on the Investeast website.
Source: bangkokpost.com