The Thailand Board of Investment (BOI) or The Office of the Board of Investment is an agency of the Government of Thailand. Its mission is to promote foreign investment in Thailand by providing information, services, and incentives[1][2] to interested foreign investors.[3] The office operates under the aegis of the Prime Minister's Office. The BOI operates 14 offices in major world cities as well as regional offices throughout Thailand.[4]
According to the Bank of Thailand (BOT) foreign direct investment (FDI) in Thailand in the first half of 2016 fell by more than 90 percent in value to US$347 million. The BOT said FDI declined from US$4.2 billion in the same period in 2015 to its lowest value since 2005.[5]
The Office of the Board of Investment or “BOI” was established in 1966 in accordance with the provisions of the Industrial Promotion Act. Their core mission is to promote investment by offering both tax-based and non-tax-based incentives. In addition, their mission also includes providing support to Thai investors looking to invest abroad. For the last 50 years, the BOI has been the main public agency promoting business investment in Thailand, both domestically and internationally. Their objectives are to increase Thai competitiveness and to help Thailand avoid falling into the middle income trap, by helping to deliver balanced and sustainable economic growth in the country. A government organization under the Office of the Prime Minister is the Office of the Board of Investment. Its main roles and responsibilities are to promote direct investment. In accordance with the Investment Promotion Acts Nos. 2 B.E. 2534, No. 3 B.E. 2544, and No. 4 B.E. 2560, the Board of Investment establishes investment promotion policies.
Services scoringedit
In general, overseas investors are satisfied with BOI services. The service with the highest satisfaction score is BOI incentives. The service with the lowest satisfaction score is the speed at which BOI provides its services. Foreign investors are satisfied with the integrity of BOI staff, but least satisfactory for foreign investors is responses and explanations from BOI staffers.[6]: 11
thailand, board, investment, office, board, investment, agency, government, thailand, mission, promote, foreign, investment, thailand, providing, information, services, incentives, interested, foreign, investors, office, operates, under, aegis, prime, minister. The Thailand Board of Investment BOI or The Office of the Board of Investment is an agency of the Government of Thailand Its mission is to promote foreign investment in Thailand by providing information services and incentives 1 2 to interested foreign investors 3 The office operates under the aegis of the Prime Minister s Office The BOI operates 14 offices in major world cities as well as regional offices throughout Thailand 4 Thailand Board of InvestmentsankngankhnakrrmkarsngesrimkarlngthunAgency overviewFormedJuly 21 1966 1966 07 21 JurisdictionKingdom of ThailandHeadquartersBangkok ThailandAgency executiveNarit Therdsteerasukdi Secretary GeneralParent agencyOffice of the Prime MinisterWebsiteOfficial websiteAccording to the Bank of Thailand BOT foreign direct investment FDI in Thailand in the first half of 2016 fell by more than 90 percent in value to US 347 million The BOT said FDI declined from US 4 2 billion in the same period in 2015 to its lowest value since 2005 5 Contents 1 History and function 2 Services scoring 3 See also 4 External links 5 ReferencesHistory and function editThe Office of the Board of Investment or BOI was established in 1966 in accordance with the provisions of the Industrial Promotion Act Their core mission is to promote investment by offering both tax based and non tax based incentives In addition their mission also includes providing support to Thai investors looking to invest abroad For the last 50 years the BOI has been the main public agency promoting business investment in Thailand both domestically and internationally Their objectives are to increase Thai competitiveness and to help Thailand avoid falling into the middle income trap by helping to deliver balanced and sustainable economic growth in the country A government organization under the Office of the Prime Minister is the Office of the Board of Investment Its main roles and responsibilities are to promote direct investment In accordance with the Investment Promotion Acts Nos 2 B E 2534 No 3 B E 2544 and No 4 B E 2560 the Board of Investment establishes investment promotion policies Services scoring editIn general overseas investors are satisfied with BOI services The service with the highest satisfaction score is BOI incentives The service with the lowest satisfaction score is the speed at which BOI provides its services Foreign investors are satisfied with the integrity of BOI staff but least satisfactory for foreign investors is responses and explanations from BOI staffers 6 11 See also editThailand Science Park Thailand Software ParkExternal links editThailand Board of Investment procedure to bring in foreign experts Successful methods to apply for BOI RegistrationReferences edit Incentives Thailand Board of Investment BOI Retrieved 13 January 2017 Thailand takes steps to boost FDI Oxford Business Group 2016 07 19 Retrieved 13 January 2017 What We Do Thailand Board of Investment BOI Retrieved 13 January 2017 Organization Chart Thailand Board of Investment BOI Retrieved 13 January 2017 Foreign direct investment FDI collapses Biggest dip in decade Bangkok Post 2 August 2016 Retrieved 13 January 2017 Summary Report 2015 Foreign Investor Confidence Survey PDF Bangkok Bolliger amp Company Thailand Ltd September 2015 Retrieved 13 January 2017 nbsp This government related article is a stub You can help Wikipedia by expanding it vte nbsp This Thailand related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Thailand Board of Investment amp oldid 1197137286, wikipedia, wiki, book, books, library,
