BALI – In the run-up to Thailand’s elections in May, the new head of the country’s board of investment vows to stay the course on policies geared at attracting high-tech industries.
Thailand is offering tax holidays of as long as 13 years for investments in biotechnology and electric vehicles in its bid to woo higher paying jobs and innovation, Mr Narit Therdsteerasukdi, secretary general of the board of investment of Thailand, told The Straits Times in an interview last week.
He noted investment policy and the country’s “investor-friendly” attitudes to business hardly wavered during his nearly 30 years at the BOI, during which there were no fewer than two military coups, months of mass protests and a new king.
“When we have an election or a new government, the investment policy of Thailand is still consistent. It still welcomes investors,” said Mr…
