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Four projects granted BoI tax privileges

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Four projects granted BoI tax privileges

By THE NATION

 

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BoI secretary-general Duangjai Asawachintachit

 

The Board of Investment (BoI) has approved tax incentives for four projects worth Bt30.170 billion, BoI secretary-general Duangjai Asawachintachit has said.

 

One of them is an ethanol production plant in Nakhon Sawan province worth Bt7.8 billion. The project is in line with the government's policy of promoting a bio-economy.

 

Another one is the production of radial tyres for cars worth Bt11.018 billion. The project is situated in the Laem Chabang Industrial Estate in Chonburi. It will use local natural latex of around 17,006 tonnes per year.

 

Another one is the extract of some ores such as copper, nickel and tin from the waste of printed circuit boards for reuse. The project is worth Bt3.874 billion. It is located in Pinthong Industrial Estate, Chonburi. The project has a production capacity of 148,000 tonnes per year.

 

Source: https://www.nationthailand.com/business/30379589

 

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-- © Copyright The Nation Thailand 2019-12-18

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