Global Trade Alert
Global Trade Alert

Thailand: BOI provided investment incentives for the production of sustainable aviation fuels and bio-industries

Announcement

18 Feb 2025

In February 2025, the Board of Investment of Thailand provided investment incentives for the production of Sustainable Aviation Fuel (SAF) and bio-industries.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

18 Feb 2025

Revocation date:

No revocation date

Announced: 18 Feb 2025
Localisation, nes In force
On 18 February 2025, the Board of Investment of Thailand issued Announcement Sor. No. 2/2025, granting a tax concession to the bio-industries. Bio-industries may include biochemicals, biofuels, and bi...
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Announced: 18 Feb 2025
Tax or social insurance relief In force
On 18 February 2025, the Board of Investment of Thailand issued Announcement Sor. No. 2/2025, granting a tax concession to the bio-industries and the production of sustainable aviation fuel (SAF) and ...
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Implementation date

18 Feb 2025

Revocation date:

No revocation date

Announced: 18 Feb 2025
Import tariff In force
On 18 February 2025, the Board of Investment of Thailand issued Announcement Sor. No. 2/2025, exempting import duties on raw materials for bio-industries and the production of sustainable aviation fue...
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Announced: 18 Feb 2025
Labour market access In force
On 18 February 2025, the Board of Investment of Thailand issued Announcement Sor. No. 2/2025, granting a temporary simplified visa requirement for foreign workers to work for the production of sustain...
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