The Board of Investment (BOI) has approved promotion for âMusic, Sports, and International Festival Businessesâ to position Thailand as a global destination and tourism hub.
Narit Therdsteerasukdi, Secretary-General of the Board of Investment (BOI), revealed that the promotion aims to reduce barriers such as visas and taxes on event equipment to attract tourists and stimulate the economy.
To qualify for promotion, each event must have expenditures of no less than 100 million baht, receive exemptions on import duties for equipment, and have access to visa facilitation and work permits through a One Stop Service. This aligns with the “Ignite Thailand” vision to elevate the country to a global level.
Additionally, the BOI has approved the enhancement of the Printed Circuit Board (PCB) business to support the shift in production bases by increasing promoted activities and strengthening the PCB cluster in Thailand. This will fortify the electronics manufacturing base and promote growth among Thai entrepreneurs.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.