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Thailand Approves New Incentives for Auto Parts Manufacturing JVs

12 August 2024

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Approved Changes

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Thailand

The Thailand Board of Investment has announced the approval of new incentives for joint venture investments in automotive parts manufacturing. --- Thailand BOI Approves Incentives to Promote JV Investments in Automotive Parts Sector The Thailand Board of Investment (BOI) yesterday approved a package of incentives to promote investment in joint ventures (JV) between Thai and foreign companies to manufacture automotive parts and components, for vehicles using all types of propulsion systems. The new package of incentives, which cover investments in both new projects, and in existing BOI promoted projects, aims to provide increased business opportunities for Thai entrepreneurs operating in...