Announcement
14 Feb 2017
On 14 February 2017, the Thai government established the Fund for Enhancement of Competitiveness for Targeted Industries. The funds aims to increase Thailand's national competitiveness for (i) industries with new methods of domestic production or service providers, and (ii) existing industries requiring the use of new technology or advanced production knowledge with the purpose of deveoping or promoting innovation.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Feb 2018
Revocation date:
No revocation date
Updated: 14 Feb 2017
Tax or social insurance relief
In force
The Competitiveness Enhancement Act of 2017 also included different forms of tax relief for participating firms. Eligible firms are entitled to exemption from, or reductions of, corporate income tax o...
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Implementation date
14 Feb 2017
Revocation date:
No revocation date
Updated: 14 Feb 2017
Financial grant
In force
Effective 14 February 2017, the Thai government established the Fund for Enhancement of Competitiveness for Targeted Industries. The seed capital of the fund is THB 10 billion (USD 285 million).
The f...
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