The Board of Investment’s (BOI) investment promotion measure in the Eastern Economic Corridor (EEC) is especially designed to boost targeted investment activities in designated areas in three provinces: Chachoengsao, Chonburi and Rayong. Private sector is encouraged through this measure to involve in human resources development in the businesses.
The CMO Survey - Highlights and Insights Report - Spring 2024
BOI's Investment Promotion Measure in the EEC
1. BOI’s Investment Promotion
Measure in the EEC
EEC
2
Cooperation with
Institutions/
Organizations
e.g. Center of Excellence
EEC
ZONING
Projects in
Targeted Industries
BOI’s Announcement No.6/25611
3Projects Must Locate in Chachoengsao,
Chonburi and Rayong
and must locate in the following designated areas:
- Investment Promotion Zones for Targeted Activities
- Investment Promotion Areas for Targeted Industries
- BOI-promoted Industrial Estates or Zones
THAILAND
Myanmar
China
Laos
Vietnam
Cambodia
Malaysia
EEC Chachoengsao
Rayong
Chonburi
Projects Eligible
for investment promotion incentives in the EEC
ProjectseligibleforinvestmentpromotionincentivesintheEasternEconomicCorridor
must have the following three qualifications, as follows:
Project
application must
be submitted
before December
30, 2019
BOI’s Investment Promotion
Measure in the EEC
The Board of Investment’s (BOI) investment promotion measure in the Eastern
Economic Corridor (EEC) is especially designed to boost targeted investment
activities in designated areas in three provinces: Chachoengsao, Chonburi and
Rayong. Private sector is encouraged through this measure to involve in human
resources development in the businesses.
The development of the EEC Area is one of the government’s policies to drive
Thailand towards the new era of Thailand 4.0. Investments in targeted industries in
the aforementioned areas are entitled to higher incentives.
EN092018
Thailand Board of Investment
www.boi.go.th
Thailand Board of Investment
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, Thailand 10900
Tel: +66 (0) 2553 8111
Fax: +66 (0) 2553 8315
Email: head@boi.go.th
Website: www.boi.go.th
Think Asia, Invest Thailand
2. 3. Other Industrial Estates &
Industrial Parks in the EEC
BOI-promoted industrial estates or zones in Chachoengsao,
Chonburi and Rayong consist of the following 19 areas:
1. 304 Industrial Park (2nd
Phase)
2. Gateway Industrial Estate
3. Wellgrow Industrial Estate
4. Ban Bung Industrial Estate
5. Laem Chabang Industrial Estate
6. Sahaphat Industrial Estate (Sriracha)
7. Asia Industrial Estate
8. J.K. Land Industrial Park
9. IRPC Eco Industrial Zone (4th Phase)
10. Rubber City Industrial Estate
11. Maptaphud Industrial Estate
12. Pha Daeng Industrial Estate
13. Rayong Industrial Estate (Bankai)
14. R.I.L Industrial Estate
15. Rojana Industrial Park (Bankai)
16. Rojana Industrial Park (Pluagdang)
17. Siam Eastern Industrial Park
18. SSP Industrial Park (Rayong)
19. WHA Rayong Industrial Land
Investmentprojectsapplyingforincentivesunderthisschememustestablishaclose
cooperationwitheducationalandresearchinstitutions,CenterofExcellenceetc.The
types of cooperation must be approved by the BOI e.g. cooperation in the area of
Talent Mobility, Work-integrated Learning (WiL), Dual Vocational Training (DVT),
Cooperative Education, special vocational education projects in the EEC or other
types of cooperation to develop human resources or technology.
Cooperation plans for Dual Vocational Training, Cooperative Education, Work
integrated Learning or other similar types of cooperation must be submitted. The
plans must describe vocational training plans and numbers of students according to
the criteria.
The existing requirements for human resources development in certain projects,
such as Innovation Incubation Center, are not considered as a fulfillment of the
conditions set under the EEC measure.
EEC
ZONING
Eastern Economic Corridor (EEC)
Consist of 3 designated areas as follows:
Projects in Targeted Industries
The targeted industries which will drive the Thai
economy towards sustainability consist of:
Cooperation with
institutions/organizations
EECa
Eastern Airport City
or EECa
Eastern Economic Corridor of
Innovation or EECi
Digital Park Thailand
or EECd
EECi
EECd
1. Promoted Zones for Specific Industries
Currently there are 3 designated areas
as follows:
2. Promoted Zones for targeted industries
Designated by the Eastern Economic Corridor Policy Committee. Currently there are
21 designated areas as follows:
1. Hemaraj Chonburi Industrial Estate
2. Hemaraj Chonburi Industrial Estate 2
3. Hemaraj Eastern Seaboard
Industrial Estate
4. Hemaraj Eastern Seaboard
Industrial Estate 2 (Chonburi)
5. Hemaraj Eastern Seaboard
Industrial Estate 3 (Chonburi)
6. Eastern Seaboard Industrial Estate
(Rayong)
7. Hemaraj Eastern Industrial Estate
(Map Ta Phut)
8. Hemaraj Rayong Industrial Estate 36
(Rayong)
9. Amata City Industrial Estate
10. Amata Nakorn Industrial Estate
11. Amata Nakorn Industrial Estate
(2nd
Phase)
12. Pin Thong Industrial Estate
(Laem Chabang) Chonburi
13. Pin Thong Industrial Estate
(3rd
Phase) Chonburi
14. Pin Thong Industrial Estate
(4th
Phase) Chonburi
15. Pin Thong Industrial Estate
(5th
Phase) Chonburi
16. Pin Thong Industrial Estate
17. Yamato Industries Industrial Estate
Chonburi
18. TFD Industrial Estate 2
Chachoengsao
19. C.P. Industrial Estate Rayong
20. Smart Park Industrial Estate
21. Hemaraj Eastern Seaboard
Industrial Estate 4
Incentives
Zones in the EEC Incentives
For targeted activities in designated locations For eligible activities in the EEC
Section 8 A1 A2 A3 Section 8 A1 - A3
1. Promoted Zones
for Specific Industries
(EECa, EECd, and
EECi)
Corporate income tax exemption 10 + 3 Years
(no cap)
8 + 4 Years
(no cap) 8 + 4 Years 5 + 2 Years 10 + 1 Years
(no cap)
Regular exemption
(5 to 8 years)
50% corporate income tax reduction - - - 5 Years - 3 Years
2. Promoted Zones
for targeted industries
Corporate income tax exemption 10 + 2 Years
(no cap)
8 Years
(no cap) 8 Years 5 Years 10 + 1 Years
(no cap)
Regular exemption
(5 to 8 years)
50% corporate income tax reduction 5 Years 5 Years 5 Years - 3 Years
3. Other Industrial
Estates & Industrial
Parks in the EEC
Incentives
For eligible activities in the EEC
Section 8 A1 A2 A3
Corporate income tax exemption 10 + 1 Years
(no cap)
8 Years
(no cap) 8 Years 5 Years
50% corporate income tax reduction - 3 Years 3 Years 3 Years
Remark: The projects, promoted under EEC measure in the EEC are not entitled to apply for merit on industrial area development (According to announcement no.2/2557 dated December 3, 2557)
Motorway
High Speed Train
Promoted Zones for
targeted industries
EECa
EECd
EECi
Bangkok
Samutprakarn
Chachoengsao
Chonburi
Rayong
Double Track Railway
New City
New City
New City
Sattahip
Port
Mab Ta Phut
Port
Laem Chabang
Port
U-tapao
AIrport
Suvarnabhumi
Airport
Donmuang
Airport
1
1
2
3
4
5
6
7
8
9
10
15
16
17
18 13
11
12
14
19
6
3
5
21
17
Other Industrial Estates &
Industrial Parks in the EEC
19
8
20
7
1314
16 12
10
11
18
2
4
15
9
Smart Electronics
Aviation &
Logistics
Biofuels &
Biochemicals
Next-Generation
Automotive
TARGETED
INDUSTRIES
Automation &
Robotics
Food for the Future
Medical Hub
Digital
Agriculture &
Biotechnology
List of eligible activities
in the EEC