Prime Minister Boi Board meeting Agreed to 3 regional science parks as science and technology fields And approve the principle of promotion Orange Line MRT Project Bangkhunnon – Min Buri Range

Prime Minister Boi Board meeting agreed that the park in Chiang Mai, Khon Kaen, Songkhla is a science and technology area. With approval in principle to promote the Orange Line MRT project Bangkhunnon – Min Buri Range And approve the Mitsubishi Electric PHEV production project

Today (15 Mar 62) 09.30 hrs. At Phakdi Bodin Building Government House General Prayut Chan-ocha, Prime Minister, is the Chairman of the Board of Investment Promotion. (BOI Board) with Mr. Somkid Jatusripitak Deputy prime minister And those involved join the meeting

After the meeting, Ms. Duangjai Asawachintachit The Secretary of the Board of Investment (BOI) has revealed that To support the development and operation of the regional science park to be a source of support and strengthen the development of the competitiveness of domestic entrepreneurs thoroughly As well as supporting investment in the East Region Special Economic Corridor or IEI Innovation Zone (Chiang Mai) Science Park, Northeast (Khon Kaen Province) and Southern Science Park (Song Kra)

For any business that is a target business in the IEEE area But located in the Science Park area Was able to obtain benefits under the investment promotion measures in the special development zone in the East Or EEC By having to apply for additional benefits under the EEC measure by 30 December 2019 and move to be located in the EECI area by December 30, 2022. In addition to receiving corporate tax exemption According to the basic criteria of each category Will also be exempted from corporate income tax 2 to 4 years and some businesses will receive a 50% corporate income tax reduction for 5 years.

Target businesses that can obtain such additional benefits, such as electronic design businesses Research and development Biotechnology (Biotechnology) Engineering design services Scientific testing service Standard calibration service Professional practice Target technology development business, etc. At present, the science park has been declared as the only science and technology zone, which is Thailand Science Park. Pathum Thani Province, therefore, the determination of additional space at this time In addition to helping investors have more choices Will also support the entrepreneurs in the region to have the opportunity to invest in research and development more easily Can access new innovations more easily Which will result in higher revenue generation in the future

In addition, the meeting approved in principle the Mass Rapid Transit Authority of Thailand (MRTA) as the concession owner of the Orange Line MRT project. During Bangkhunnon-Min Buri (Suwinthawong), which is in accordance with the criteria for investment promotion For businesses that have received concessions Will receive 8-year corporate income tax exemption benefits (not exceeding 100 percent of the investment, excluding land and working capital). The MRTA must specify such benefits in the invitation announcement ( ORA) clearly for all bidders to know

Along with the meeting agreed to promote plug-in hybrid electric vehicles (PHEV) to Mitsubishi Motors (Thailand) Co., Ltd., a total investment of 3,130 million baht, set up a project in Chonburi This project will use key parts produced in the country. And have a plan to develop raw material suppliers or parts in the country To support the government policy in accordance with measures to promote electric car production

Source: Royal Thai Government

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