(1) Kowit Somwaiya will present on investment promotion and incentives for targeted industries in Thailand's Eastern Economic Corridor (EEC) and infrastructure projects. (2) The EEC aims to promote 10 industries and covers 3 provinces - Chachoengsao, Chonburi, and Rayong. (3) Special Economic Promotion Zones within the EEC offer tax incentives and other benefits to attract investment projects in targeted industries like automotive, electronics, and tourism.
By Mr. Narongsak Jivakanun, Executive Vice President, PTT Global Chemical PLC. (This is a part of "Investment Opportunities: Thailand's Innovation Ecosystem" webinar on May 13, 2021)
This webinar was hosted on October 17, 2014 and was presented by Amit Bhatt, Strategy Head - Urban Transport, EMBARQ India. Globally, 1.4 million people die each year in road traffic crashes. India accounts for 10% of those fatalities, and the majority of victims are pedestrians and cyclists. The new (draft) Road Transport and Safety Bill 2014, a huge step up from the previous Motor Vehicles Act 1988, was published for public comment by the Ministry of Road Transport and Highways. Amit Bhatt, who has been actively involved in discussions around this Act, presented the details of the same, highlighting the salient features and what it would mean for India if this bill were to be passed. The webinar addressed key issues relating to the current situation of road transport and safety in India, and showcased a comparison of the existing Motor Vehicles Act and the proposed new one. Amit also discussed the key provisions of the new Bill, its possible impact, and the road ahead.
The webinar recording can be accessed here - http://embarqindiahub.org/webinars/why-governments-latest-draft-road-transport-and-safety-bill-matters-india
By Mr. Narongsak Jivakanun, Executive Vice President, PTT Global Chemical PLC. (This is a part of "Investment Opportunities: Thailand's Innovation Ecosystem" webinar on May 13, 2021)
This webinar was hosted on October 17, 2014 and was presented by Amit Bhatt, Strategy Head - Urban Transport, EMBARQ India. Globally, 1.4 million people die each year in road traffic crashes. India accounts for 10% of those fatalities, and the majority of victims are pedestrians and cyclists. The new (draft) Road Transport and Safety Bill 2014, a huge step up from the previous Motor Vehicles Act 1988, was published for public comment by the Ministry of Road Transport and Highways. Amit Bhatt, who has been actively involved in discussions around this Act, presented the details of the same, highlighting the salient features and what it would mean for India if this bill were to be passed. The webinar addressed key issues relating to the current situation of road transport and safety in India, and showcased a comparison of the existing Motor Vehicles Act and the proposed new one. Amit also discussed the key provisions of the new Bill, its possible impact, and the road ahead.
The webinar recording can be accessed here - http://embarqindiahub.org/webinars/why-governments-latest-draft-road-transport-and-safety-bill-matters-india
Electronic Toll Collection Market PPT 2021-26 | Enhancing Huge Growth and La...IMARC Group
According to the latest report by IMARC Group,the global electronic toll collection market is currently witnessing strong growth.
An electronic toll collection (ETC) system is an automated machine that collects the usage fee from vehicles at toll plazas.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
This presentation is about The Transportation Information System and shows the enhancement of the technology to prevent accidents and manage things properly during transportation. Their prevention are also described in this presentation.
Thank you
Smart Mobile Roadside Park Charging SystemsIJMREMJournal
Currently, roadside parking charging is mainly operated manually. However, this makes it difficult to achieve
effective management. Aimed at removing many inconveniences brought by this current approach, this study
discusses how to apply Radio Frequency Identification (RFID) in this issue. The RFID reader can be installed
on a track. Through the track, the RFID reader can detect a whole row of parking spaces along the sides of the
road and therefore, can replace the current approach with which people hold machines to scan cars one by one.
Both parkers and managers of the parking system can use an online platform which offers an open individual
inquiry system and impartial and accurate reflection of the real-time status and ensures a fair process of issuing
parking tickets.
Paper No.19-0277-O
Improving the Effectiveness of Active Safety Systems to Significantly Reduce Accidents with Vulnerable Road Users - The Project Prospect (Proactive Safety for Pedestrians and Cyclists)
ILONA CIEŚLIK
IDIADA Automotive Technology, Spain
JORDANKA KOVACEVA
Chalmers University of Technology, Sweden
MARIE-PIERRE BRUYAS
Institut Français des Sciences et Technologies des Transports, de l’Aménagement et des Réseaux (IFSTTAR), France
DAVID R. LARGE
University of Nottingham, United Kingdom
MARTIN KUNERT
Robert Bosch GmbH, Germany
SEBASTIAN KREBS
Daimler AG, Germany MAXIM ARBITMANN
Continental Teves AG & Co.OHG, Germany
It is a well prepared Report on the topic of Intelligent transportation system. It is basically a project for the B.tech. students of Civil Engineering Department. It is all about to make the transportation more smooth and Automated and also to implement the new technologies in the present scenario of transportation system so that we can go a step ahead towards the against of road accident increments.
Just what is that thing on top of the Google Car? What does adaptive cruise control with lane assist mean? When are these things going to be ready? The answer to these questions and more in a technology overview that unravels just how these vehicles are going to work. Presented at the 2017 D-STOP Symposium.
Electronic Toll Collection Market PPT 2021-26 | Enhancing Huge Growth and La...IMARC Group
According to the latest report by IMARC Group,the global electronic toll collection market is currently witnessing strong growth.
An electronic toll collection (ETC) system is an automated machine that collects the usage fee from vehicles at toll plazas.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
This presentation is about The Transportation Information System and shows the enhancement of the technology to prevent accidents and manage things properly during transportation. Their prevention are also described in this presentation.
Thank you
Smart Mobile Roadside Park Charging SystemsIJMREMJournal
Currently, roadside parking charging is mainly operated manually. However, this makes it difficult to achieve
effective management. Aimed at removing many inconveniences brought by this current approach, this study
discusses how to apply Radio Frequency Identification (RFID) in this issue. The RFID reader can be installed
on a track. Through the track, the RFID reader can detect a whole row of parking spaces along the sides of the
road and therefore, can replace the current approach with which people hold machines to scan cars one by one.
Both parkers and managers of the parking system can use an online platform which offers an open individual
inquiry system and impartial and accurate reflection of the real-time status and ensures a fair process of issuing
parking tickets.
Paper No.19-0277-O
Improving the Effectiveness of Active Safety Systems to Significantly Reduce Accidents with Vulnerable Road Users - The Project Prospect (Proactive Safety for Pedestrians and Cyclists)
ILONA CIEŚLIK
IDIADA Automotive Technology, Spain
JORDANKA KOVACEVA
Chalmers University of Technology, Sweden
MARIE-PIERRE BRUYAS
Institut Français des Sciences et Technologies des Transports, de l’Aménagement et des Réseaux (IFSTTAR), France
DAVID R. LARGE
University of Nottingham, United Kingdom
MARTIN KUNERT
Robert Bosch GmbH, Germany
SEBASTIAN KREBS
Daimler AG, Germany MAXIM ARBITMANN
Continental Teves AG & Co.OHG, Germany
It is a well prepared Report on the topic of Intelligent transportation system. It is basically a project for the B.tech. students of Civil Engineering Department. It is all about to make the transportation more smooth and Automated and also to implement the new technologies in the present scenario of transportation system so that we can go a step ahead towards the against of road accident increments.
Just what is that thing on top of the Google Car? What does adaptive cruise control with lane assist mean? When are these things going to be ready? The answer to these questions and more in a technology overview that unravels just how these vehicles are going to work. Presented at the 2017 D-STOP Symposium.
Presented by Ms. Ajarin Pattanapanchai, at the seminar "Thailand: Business Opportunities for Quebec Companies" on March 1, 2016 at Hotel Omni Mont-Royal, Montreal, Canada
The government of Thailand has perceived the significance of cluster in the development of the nation’s economy. The cabinet and the Thailand Board of Investment, therefore, proposed the Cluster-based Special Economic Development
Zones Policy, or the Cluster Policy in short, which came into effect on September 16, 2015.
The presentation is by Mr. Chanin Khaochan, Deputy Secretary-General of Thailand Board of Investment, on the webinar "Thailand's Semiconductor & Smart Electronic Manufacturing Solutions" on September 9, 2021
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 ASEAN ECONOMIC COMMUNITY AND THE COMPREHENSIVE AND PROGRESSIVE TRANS-PACI...Dr. Oliver Massmann
THE ASEAN ECONOMIC COMMUNITY AND THE COMPREHENSIVE AND PROGRESSIVE TRANS-PACIFIC PARTNERSHIP? Market access comparison – What is in for German investors?
Filing PCT National Phase Patent Applications in Thailand; Overcoming the refusal of International Trademark Applications in Thailand; and Re-filing Registered Trademarks in Myanmar
Protection of Trade Secrets in Manufacturing and Technology Transfer AgreementsLawPlus Ltd.
Trade Secrets in Thailand
Basic Requirements for Trade Secret Protection
Trade Secrets v. Patents
Tips for Trade Secret Protection
Trade Secret Commercialization
How to Protect Trade Secrets in Manufacturing Agreement and Technology Transfer Agreement
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
DNA Testing in Civil and Criminal Matters.pptxpatrons legal
Get insights into DNA testing and its application in civil and criminal matters. Find out how it contributes to fair and accurate legal proceedings. For more information: https://www.patronslegal.com/criminal-litigation.html
1. 0
INVESTMENT PROMOTION AND INCENTIVES
FOR
10 TARGETED INDUSTRIES
IN
THE EASTERN ECONOMIC CORRIDOR
AND
INFRASTRUCTURE PROJECTS OF THAILAND
Kowit Somwaiya
Managing Partner
LawPlus Ltd.
China Investment Association, Beijing, China
18 October 2018
3. 2
Kowit Somwaiya
Founder and Managing Partner, LawPlus Ltd.
Founder and Managing Partner, LawPlus Myanmar Ltd.
Vice President, IPAT
Board Member, INTA
• B.A. (Education – English), Ubon Ratchathani Rajbhat University, Thailand
• LL.B., Thammasat University, Thailand
• LL.M., University of Illinois, USA
• Certificate of Instruction for Lawyers, Harvard Law School, USA
4. 3
www.lawplusltd.com
● Established in 2003
● Professional, Practical, Prompt, Pro-active
● Major practices
- Banking and finance
- Corporate and M&A
- FDI and investment promotion
- IP and ICT
- Dispute resolution and litigation
● Rankings:
5. 4
Thailand Geography and Statistics
Eastern Economic Corridor (EEC) Overview
EEC Act B.E. 2561 (A.D. 2018)
EEC Policy Committee, EEC Office and EEC Blueprint
Special Economic Promotion Zones (SEPZ)
Incentives Granted to Projects in SEPZ
Infrastructure Projects in the EEC Area
Investment Projects in Thailand and EEC
Presentation Topics
6. 5
Thailand – Geography and Statistics
•source: http://www.operationworld.org/thai
Land Area: 513,115 sq km
Capital: Bangkok
Population: 69 million
GDP (Nominal) 2018 Estimate
- Total: US$514.700 billion
- Per capita: US$7,588
Per capita income (2017):
US$6,593.82
source: http://www.operationworld.org/thai
7. 6
EEC Overview (1)
EEC
• is for the “Thailand 4.0” industry development.
• is to revitalize and enhance the Eastern
Seaboard Development Program.
• Initially covers 3 provinces:
(1) Chachoengsao
(2) Chonburi
(3) Rayong
EEC promotes 10 targeted industries.
Source: https://www.eeco.or.th/en/
8. 7
Ten Targeted Industries
Next-Generation Automotive (6) Robotics
Smart Electronics (7) Aviation and Logistics
Affluent, Medical and (8)
Wellness Tourism
Agriculture and Biotechnology (9) Digital Technology
Food for the Future (10 Medical Hub
Circular industry to be added as 11th targeted industry.
EEC Overview (2)
Biofuels and Bio-chemicals
9. 8
Enacted by the National Legislation Assembly, published in the Government
Gazette on 14th May 2018 and came into force on 15th May 2018.
General requirements and procedures for promoting, facilitating and enhancing
competitiveness of Thailand’s economy.
Specific objectives:-
(1) developing environmental friendly economic activities
(2) providing one-stop services by the Government to reduce obstacles and costs of doing
business
(3) developing basic, effective and continued public utilities accessible to all and completely
connected
(4) specifying types of land use in compliance with the principle of sustainable development
(5) developing cities to be internationally modern, convenient, safe and widely accessible.
EEC Act B.E. 2561 (A.D. 2018)
10. 9
EEC Policy Committee
• chaired by the Prime Minister
• grants licenses and permits in place of other government authorities.
EEC Office
• implements the EEC Act.
• located in Bangkok.
EEC Blueprint
• EEC Development Master Policy and Plan consisting of:-
(1) the land use plan
(2) the infrastructure development plan
(3) the project plan
(4) the government service plan
• prepared by the EEC Office
• approved by the EEC Policy Committee in July 2018.
Detailed land use plan and detailed infrastructure plan
• being prepared by relevant government offices
• to be completed within July 2019
EEC Policy Committee, EEC Office and EEC Blueprint
11. 10
Located in the EEC area.
Approved by EEC Policy Committee.
As of September 2018, 24 SEPZs have been approved for the EEC.
Special Economic Promotion Zones (SEPZ)
Source: https://www.eeco.or.th/en/
12. 11
Approved SEPZ
EEC Aviation City (EECa)
• U-Tapao International Airport
• Aircraft MRO Center
• Regional aviation hub
EEC of Innovation (EECi)
• Wangchan Valley in Rayong
• Space Inspirium in Sriracha District, Chonburi
• Community and industry of R&D and innovation
EEC Digital Park (EECd)
• Sriracha District in Chonburi
• Digital infrastructures
• ASEAN Regional Data Hub
Industrial Promotional Zones
• Map Ta Phut Industrial Estate
• Hemaraj Eastern Seaboard Industrial Estate No. 4
• Several other “Smart” industrial parks
Chachoengsao
1 SEPZ
Rayong
9 SEPZs
Chonburi
14 SEPZs
13. 12
Tax Exemption and Reduction
• Maximum tax exemption
• Maximum tax reduction
• Under the investment promotion law
• Under the law on enhancement of competitiveness for the targeted
industries.
Exemption and Reduction of Customs Duties
• Exemption of customs duties.
• Reduction of customs duties
• For import to and export from the EEC area.
Incentives Granted to Projects in SEPZ (1)
14. 13
Real Property Ownership and Long-Term Lease
• Foreigner investing in SEPZ can own land for business operation and own
condominium for residential purpose.
• Lease and sublease of land and other immovable properties in SEPZ can
have a term of 50 years plus one-time renewal for not more than 49 years.
Visa and Work Permit
• Non-Thai executives, specialists and skilled employees can
– work for businesses in SEPZ without a work permit
– have their spouses and dependents exempted from immigration law
requirements.
• Licensed foreign professionals can
– practice in the SEPZ
– subject to the requirements and conditions to be imposed by the EEC Policy
Committee.
Incentives Granted to Projects in SEPZ (2)
15. 14
Exemption from compliance with the exchange control law in whole or in part for
business operators.
Payment of goods and services in the EEC area can be made in foreign
currencies.
EEC Policy Committee has power to
• Grant licenses and permits under laws on building control, factory, etc. in
place of officials in charge of such laws.
• Grant other rights and privileges under the investment promotion law
and the law on enhancement of competitiveness for the targeted
industries on a case-by-case basis.
Incentives Granted to Projects in SEPZ (3)
16. 15
Infrastructure Projects in the EEC Area
220 KMs High Speed Train to link
• Don Muang International Airport
• Suvarnabhumi International Airport
• U-Tapao International Airport
Double-Track Railway to link Laem Chabang, Map Ta Phut and Sattahip Sea
Ports with industrial zones nationwide.
U-Tapao International Airport upgrade for 60 million passengers per year.
Laem Chabang Sea Port Phase 3 expansion to handle 18 million TEU
containers and 3 million cars per year.
Map Ta Phut Deep-Sea Port Phase 3 expansion to handle more liquid
materials and natural gas.
TG MRO Center at U-Tapao for aircraft maintenance, repair and overhaul.