Thai Board of Investment Promoted Activities | Siam Legal International

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BOI Promoted Activities

Business in Thailand

To consider whether the activity is eligible for the Board of Investment (BOI) privileges in Thailand, the Board has listed the activities in many categories. Please note that the same activities located in the different areas are entitled to receive varying levels of privileges.

The promoted activities are divided in eight categories as follows:

  1. Agriculture and Agricultural Products;

    The following business activities are eligible for promotion under this category:

    • Manufacture of biological fertilizers, organic fertilizers, nano-coated organo chemical fertilizer and bio-pesticides
    • Plant or animal breeding
    • Economic forest plantation (except for eucalyptus)
    • Crop drying and silo activities
    • Animal propagation or animal husbandry
    • Slaughtering
    • Deep sea fishery
    • Grading, packaging and storage of plants, vegetables, fruits or flowers
    • Manufacture of oil or fat from fat or animals (except for soybean oil)
    • Manufacture of natural extracts or products from natural extracts (except for medicines, soap, shampoo, toothpaste and cosmetics)
    • Manufacture of active ingredients from natural raw materials
    • Tanneries and leather finishing
    • Manufacture of natural rubber products (except for rubber bands, rubber balloons and rubber rings)
    • Manufacture of products from agricultural by-products or agricultural waste
  2. Mining, Ceramics and Basic Metals;
    • Prospecting of minerals
    • Potash mining and/or dressing
    • Manufacture of advanced or nano materials or products produced from advanced or nano materials
    • Manufacture of glass or ceramic products
    • Manufacture of fire-resistant materials or heat insulation
    • Manufacture of gypsum board or gypsum products
    • Manufacture of up-stream steal
    • Manufacture of intermediate steel
    • Manufacture of down-stream steel
    • Manufacture of steel pipes or stainless-steel pipes
    • Manufacture of metal powder (except shot blasting)
    • Manufacture of ferro-alloy
    • Manufacture of cast iron/steel parts
    • Manufacture of forged iron/steel parts
    • Rolling, drawing, casting or forging of non-ferrous metals
    • Coil center
    • Manufacture of construction materials and pre-stressed concrete for public utilities
  3. Light Industry;
    • Manufacture of textile products or parts
    • Manufacture of non-woven fabric or hygienic products made of non-woven fabric
    • Manufacture of bags or shoes or products made of leather or artificial leather
    • Manufacture of sports equipment or parts
    • Manufacture of musical instrument
    • Manufacture of furniture or parts
    • Manufacture of toys
    • Manufacture of gems and jewelry or parts including raw materials and prototype
    • Creative product design and development center
    • Manufacture of lenses
    • Manufacture of medical devices or parts
  4. Metal Products, Machinery and Transport Equipment;
    • Manufacture of metal products including metal parts
    • Surface treatment
    • Heat treatment
    • Manufacture of multi-purpose engines and equipment
    • Manufacture of machinery, equipment and parts
    • Manufacture of general automobile
    • Manufacture of vehicle parts
    • Building or repair of ships
    • Manufacture and/or repair of rolling stocks, parts or equipment for rail system
    • Manufacture or repair of aircraft or aerospace devices and equipment
    • Manufacture of motorcycles (except less than 248 cc engine displacement)
    • Manufacture of fuel cells
    • Fabrication industry or platform repair for petroleum industry
    • Manufacture of science equipment
    • Manufacture and/or repair of vehicles and weapon systems for national defense
    • Manufacture and/or repair of unmanned systems for national defense and parts used in the manufacture and/or repair
    • Manufacture and/or repair of weapons and exercise-facilitating equipment for national defense and parts
    • Manufacture and/or repair of combat facilitating equipment such as bullet-proof and flak-proof vests, armors or bullet-proof and flak-proof shields
  5. Electronic Industry and Electric Appliances;
    • Manufacture of electrical products
    • Manufacture of parts and/or equipment used for electrical products
    • Manufacture of electronic products
    • Manufacture parts and/or equipment used for electronic products
    • Manufacture of material for microelectronics
    • Electronics design
    • Software
    • E-commerce
    • Digital Services
  6. Chemicals, Paper and Plastics;
    • Manufacture of chemical products for industry
    • Manufacture of eco-friendly chemicals or polymers or products from eco-friendly polymers
    • Oil refinery
    • Manufacture of petrochemicals
    • Manufacture of specialty polymers or specialty chemicals
    • Manufacture of plastic products for industrial goods
    • Manufacture of plastic packages with special properties
    • Manufacture of plastic products from recycled plastics
    • Active pharmaceutical ingredients
    • Manufacture of medicines
    • Manufacture of chemical fundamental fertilizers
    • Manufacture of pulp or paper
    • Manufacture of paper articles
    • Production of printed matter
    • Manufacture of body care products such as soap, shampoo, toothpaste and cosmetics
    • Manufacture of plastic products for consumer goods (e.g. plastic package)
    • Manufacture of products from pulp or paper (e.g. paper boxes)
  7. Services and Public Utilities.
    • Public utilities and basic services
    • Natural gas station
    • Mass transit and transportation of bulk goods
    • Logistics service centers
    • Trade and Investment Support Office (TISO)
    • Energy Service Company (ESCO)
    • Real estate development for industrial use
    • Cloud service
    • Research and development
    • Biotechnology
    • Engineering design
    • Scientific laboratories
    • Calibration services
    • Product sterilization services
    • Recycling and reuse of unwanted materials
    • Waste treatment or disposal
    • Human Resource Development
    • Thai motion picture production
    • Motion picture support services
    • Tourism promotion services
    • Activities to support tourism
    • Factory development for industrial plant and warehouse
    • Medical services
    • Development of labor’s accommodation in accordance with international standard
    • Smart city area development business
    • Smart city system development business
    • Distribution system with smart system
    • International Business Center (IBC)
  8. Technology and Innovation Development
    • Targeted care technology development
      1. Biotechnology Development
      2. Nanotechnology Development
      3. Advanced Material Technology Development
      4. Digital Technology Development

In order to be promoted in the listed activities and categories, the applicant must comply with the basic criteria for the promotion. In order to develop competitiveness in the agricultural, industrial and service sectors, projects submitted for BOI promotion must have a value-added of not less than 20% of revenues, except for projects in agriculture and agricultural products, electronic products and parts and coil centers, all of which must have value-added of at least 10% of revenues. The projects must use modern production processes as well as new machineries. The projects must also have adequate and efficient guidelines and measures to protect environmental quality and reduce environmental impact. In addition, the project must comply with the minimum capital investment set for each project as well as submit a project feasibility.

Contact us for more details with regards to promotions by the Thai Board of Investment.

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