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1
A Presentation for the
Thailand Board of Investment
New York office
17th June 2020
2
Agenda
1. Facilities to support in-bound investment
2. Finding a skilled workforce
3
ABOUT AMATATHAILAND
Established in 1989
1,255 Factories
7,033 Ha developed
2,000+ MW Supply
Workforce: 230,000+
Existing customers include:
4
Facilities to support in-bound investment
“We’re here to support you every step of the way.”
5
Post-purchase Start of operations
Step-by-step support
Site selection
On-site government support
Support/Facilities
-Power supply
-Water supply
-Wastewater treatment
-Logistics support
-EIA
-Title deed readiness
-BTS factory design
(optional)
-Rental factory options
Sales team
-Waste management
-Fire & Safety
-Maintenance service
-Land use license
-Land ownership license
-Registration of title deed
-House registration
-Application of work
permit
-Issuance of work permit
After Sales team Amata Facilities Services
Gov’t offices
-Industrial Estate Authority of Thailand
-Customs office
-Immigration
6
One Stop Service for
Construction,
Operation,
And Land Ownership
License
Recruits vocational students
from technical colleges to
supply factories in AMATA
IEAT Office
Custom Clearance
Service for all
clients
Customs Office Gear Foundation
On Site Service (OSS)
Immigration Bureau
VISA and WORK PERMIT service
by Department of Employment
And IEAT
(once a month with no
surcharges)
7
Non-Tax Privileges from IEAT
Right to own land by 100% foreign capital
Right to bring in foreign skilled workers
and their spouses with visa and work
permit facilitation
Simple and consolidated government
process your IEAT office at Amata: speedy
communication
8
Waste Management
On Site Service by AFS
Fire & Safety
Prevention & Training
Maintenance Service
By Sodexo Amata Service
9
Our detailed investment
schedule provides a step-
by-step guide to
establishing your
operations in Thailand.
Purchase
Lease
Investm ent Schedule
Sign contract with AMATA
Land Use License (2 weeks)
AMATA supports
you in this process
Com pany registration (1m onth)
Land Ownership
License (1week)
Registration of Title Deed (1day)
House Registration (1week)
Construction License
(2 m onths)
Transfer Com pany Address (3 days)
Transfer VAT Registration (3 days)
Decision to invest in AMATA
Commencement of Operations
Reservation of the Land BOI Privilege
Reservation of Trade Nam e
Registration of an Article of
Association
General Meeting of Establishm ent
Com pany Registration
(use tem porary address)
Preparation for application form
Application subm ission
Interview with BOI offi cer within
15 days after the application
Receive result of evaluation by
BOI
Apply IEAT 02/01
&
Receive IEAT 02/02
Apply IEAT S-15
Receive Approval Letter
Cost: 3,424 baht (inc. VAT)
Transfer title or register lease
condition at the Land Departm ent
Apply House Registration and
Address
Change the address to the
factory address
Building Approval (2 weeks)
Operation License (2 weeks)
Apply IEAT02/05 & receive
IEAT02/06
Cost: 214 baht (inc.VAT)
Apply IEAT03/01& receive
IEAT03/02
Cost: 321baht (inc.VAT)
Cancel the tem porary address
Apply IEAT 01/01& Receive IEAT 01/02
Cost: 10,914 baht (inc. VAT)
In construction progress
Investm ent value < 200 m illion baht
- 40 working days
Investm ent value 200 - 750 m illion baht
- 60 working days
Investm ent value > 750 m illion baht
- 90 working days
Period of evaluation
Issue LOI
Negotiation in details
to com plete contract
1.
2.
3.
4.
1.
2.
3.
4.
Subm it prom otion acceptance
form within 1m onth after receipt
of notifi cation
Apply prom otion certifi cate after
180 days
Application of W ork Perm it (1week)
*Non Im m igrant Visa is required before entry to
Thailand
Issuance of Work Perm it (1day)
Land Use
Land Ow nership
Work Perm it
Apply IEAT17/01&IEAT17/02
Receive Approval Letter
Cost: Application 214 baht/application (inc. VAT)
Approval Letter 2,140 baht/person (inc. VAT)
Apply and receive W.P. at One Stop Service
Centre in Bangkok
Cost: Visa Extension 3,800 baht/
Re-entry 1,900 baht
W.P. 3,000 baht
Com pany
Registration papers
Copy of Passport
Tax ID
Production Process
chart
Volum e of
Production
Num ber of
Operation days
Factory Layout
List of raw m aterials
1.
2.
3.
4.
5.
6.
7.
8.
Bio Data
Com pany
Registration Papers
Copy of Passport
Education Certifi cate
Work Certifi cate
Organization chart
Copy of IEAT01/02
3 photos of both 4*6,
3*4 etc.
1.
2.
3.
4.
5.
6.
7.
8.
5.
6.
Prom otional Certifi cate issuance
(10 days)
Apply list of Machinery
7.
8.
1.
2.
3.
10
Finding a skilled workforce
11
Eastern Economic
Corridor Labor pool
The Eastern Economic Corridor boasts
one of the deepest and well-trained
labor pools in South East Asia.
12
Chonburi
Rayong
Chanthaburi
Trat
Chachoengsao
Prachinburi
Sa Kaeo
1,042,923
570,199
344,420
169,336
422,719
362,643
300,599
Labor Force
in eastern region
3,212,839
National Statistical Office
Source
13
Eastern Economic Corridor – KEY STATS
Bachelor
degree and
higher**
Employed in
industrial and
manufacturing
sector
Line production,
machine operation
and assembly line
workers
Supervisory
level and
above
* Chonburi & Rayong provinces (Q1 2020)
** of total labor pool
32%
517,744
25%
400,642
67%
348,855
33%
168,889
Total labor force*: 1,622,839
14
Eastern Economic Corridor – HR CHANNELS
Companies setting up their operations in Thailand have hundreds of
HR sourcing options to choose from.
Rest assured, you will find the people you need.
15
Eastern Economic Corridor – HR CHANNELS
Companies in EEC rely on two types of employment structure:
1) Regular worker (Permanent employee)
2) Temporary worker (Outsourced employee)
And two types of HR recruitment agencies:
1) For regular worker (100s of agencies)
2) For temporary worker (30+ agencies in EEC area)
Merit of temporary worker system
- Most factories utilize this system to adjust their number of workers depending on economic conditions
- Agents usually dispatch 1 supervisor per 50-150 workers, and manage HR matters instead of the factory
- Factories can screen and hire skillful and diligent workers from the temporary worker pool.
-Factories usually pay some commission if they want to hire the temporary worker before 1 year
16
Workers don’t just work
The Eastern Economic Corridor is one of the most developed areas
of Thailand, providing all the services and amenities workers need
for themselves, and their families, outside of work.
17
AMATA – the Top choice for Top Talent
Amata’s vision from Day 1 has been to build Industrial Cities, not
merely industrial parks.
Factories are only as productive as their workforce. Amata
understands that workers do not only work, they also live their own
lives. They need facilities to care for themselves and their families,:
schools, shopping facilities, leisure venues, health care.
Amata Industrial Cities have been developed with the above in
mind.
18
38,000 sq.m. complex
TESCO LOTUS PLUS MALL
FINANCIAL STREET
home to banks and leasing companies
Shopping & Banking
19
Health Care
VIBHARAM HOSPITAL
130 beds international hospital
• Dental clinic
• Skin clinic
• Medicine clinic
• Health check-up center
• Mother & child center
• Outpatients center
• Orthopedic center
• Health & safety training
Health Care
20
➢ Thai German Institute (TGI) Technical Training Center
started its operation in 1995 with the objective to be a training center for
technicians to transfer advance manufacturing technology to Thai industry
➢ Kasetsart University Laboratory School
located on 34 rai of land was established on April 22, 1971
to provide multi lingual program for students of grade 1-12
➢ SISA (Sirasartsuksa Amata School)
English Program International School by Kinderworld
Education Group for Pre-school and Grade 1 – 6
Education
21
Recreation & Leisure
22
THAILAND
The perfect choice for your
footprint in Asia
23
CONTACT

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Thailand Board of Investment Presentation

  • 1. 1 A Presentation for the Thailand Board of Investment New York office 17th June 2020
  • 2. 2 Agenda 1. Facilities to support in-bound investment 2. Finding a skilled workforce
  • 3. 3 ABOUT AMATATHAILAND Established in 1989 1,255 Factories 7,033 Ha developed 2,000+ MW Supply Workforce: 230,000+ Existing customers include:
  • 4. 4 Facilities to support in-bound investment “We’re here to support you every step of the way.”
  • 5. 5 Post-purchase Start of operations Step-by-step support Site selection On-site government support Support/Facilities -Power supply -Water supply -Wastewater treatment -Logistics support -EIA -Title deed readiness -BTS factory design (optional) -Rental factory options Sales team -Waste management -Fire & Safety -Maintenance service -Land use license -Land ownership license -Registration of title deed -House registration -Application of work permit -Issuance of work permit After Sales team Amata Facilities Services Gov’t offices -Industrial Estate Authority of Thailand -Customs office -Immigration
  • 6. 6 One Stop Service for Construction, Operation, And Land Ownership License Recruits vocational students from technical colleges to supply factories in AMATA IEAT Office Custom Clearance Service for all clients Customs Office Gear Foundation On Site Service (OSS) Immigration Bureau VISA and WORK PERMIT service by Department of Employment And IEAT (once a month with no surcharges)
  • 7. 7 Non-Tax Privileges from IEAT Right to own land by 100% foreign capital Right to bring in foreign skilled workers and their spouses with visa and work permit facilitation Simple and consolidated government process your IEAT office at Amata: speedy communication
  • 8. 8 Waste Management On Site Service by AFS Fire & Safety Prevention & Training Maintenance Service By Sodexo Amata Service
  • 9. 9 Our detailed investment schedule provides a step- by-step guide to establishing your operations in Thailand. Purchase Lease Investm ent Schedule Sign contract with AMATA Land Use License (2 weeks) AMATA supports you in this process Com pany registration (1m onth) Land Ownership License (1week) Registration of Title Deed (1day) House Registration (1week) Construction License (2 m onths) Transfer Com pany Address (3 days) Transfer VAT Registration (3 days) Decision to invest in AMATA Commencement of Operations Reservation of the Land BOI Privilege Reservation of Trade Nam e Registration of an Article of Association General Meeting of Establishm ent Com pany Registration (use tem porary address) Preparation for application form Application subm ission Interview with BOI offi cer within 15 days after the application Receive result of evaluation by BOI Apply IEAT 02/01 & Receive IEAT 02/02 Apply IEAT S-15 Receive Approval Letter Cost: 3,424 baht (inc. VAT) Transfer title or register lease condition at the Land Departm ent Apply House Registration and Address Change the address to the factory address Building Approval (2 weeks) Operation License (2 weeks) Apply IEAT02/05 & receive IEAT02/06 Cost: 214 baht (inc.VAT) Apply IEAT03/01& receive IEAT03/02 Cost: 321baht (inc.VAT) Cancel the tem porary address Apply IEAT 01/01& Receive IEAT 01/02 Cost: 10,914 baht (inc. VAT) In construction progress Investm ent value < 200 m illion baht - 40 working days Investm ent value 200 - 750 m illion baht - 60 working days Investm ent value > 750 m illion baht - 90 working days Period of evaluation Issue LOI Negotiation in details to com plete contract 1. 2. 3. 4. 1. 2. 3. 4. Subm it prom otion acceptance form within 1m onth after receipt of notifi cation Apply prom otion certifi cate after 180 days Application of W ork Perm it (1week) *Non Im m igrant Visa is required before entry to Thailand Issuance of Work Perm it (1day) Land Use Land Ow nership Work Perm it Apply IEAT17/01&IEAT17/02 Receive Approval Letter Cost: Application 214 baht/application (inc. VAT) Approval Letter 2,140 baht/person (inc. VAT) Apply and receive W.P. at One Stop Service Centre in Bangkok Cost: Visa Extension 3,800 baht/ Re-entry 1,900 baht W.P. 3,000 baht Com pany Registration papers Copy of Passport Tax ID Production Process chart Volum e of Production Num ber of Operation days Factory Layout List of raw m aterials 1. 2. 3. 4. 5. 6. 7. 8. Bio Data Com pany Registration Papers Copy of Passport Education Certifi cate Work Certifi cate Organization chart Copy of IEAT01/02 3 photos of both 4*6, 3*4 etc. 1. 2. 3. 4. 5. 6. 7. 8. 5. 6. Prom otional Certifi cate issuance (10 days) Apply list of Machinery 7. 8. 1. 2. 3.
  • 10. 10 Finding a skilled workforce
  • 11. 11 Eastern Economic Corridor Labor pool The Eastern Economic Corridor boasts one of the deepest and well-trained labor pools in South East Asia.
  • 13. 13 Eastern Economic Corridor – KEY STATS Bachelor degree and higher** Employed in industrial and manufacturing sector Line production, machine operation and assembly line workers Supervisory level and above * Chonburi & Rayong provinces (Q1 2020) ** of total labor pool 32% 517,744 25% 400,642 67% 348,855 33% 168,889 Total labor force*: 1,622,839
  • 14. 14 Eastern Economic Corridor – HR CHANNELS Companies setting up their operations in Thailand have hundreds of HR sourcing options to choose from. Rest assured, you will find the people you need.
  • 15. 15 Eastern Economic Corridor – HR CHANNELS Companies in EEC rely on two types of employment structure: 1) Regular worker (Permanent employee) 2) Temporary worker (Outsourced employee) And two types of HR recruitment agencies: 1) For regular worker (100s of agencies) 2) For temporary worker (30+ agencies in EEC area) Merit of temporary worker system - Most factories utilize this system to adjust their number of workers depending on economic conditions - Agents usually dispatch 1 supervisor per 50-150 workers, and manage HR matters instead of the factory - Factories can screen and hire skillful and diligent workers from the temporary worker pool. -Factories usually pay some commission if they want to hire the temporary worker before 1 year
  • 16. 16 Workers don’t just work The Eastern Economic Corridor is one of the most developed areas of Thailand, providing all the services and amenities workers need for themselves, and their families, outside of work.
  • 17. 17 AMATA – the Top choice for Top Talent Amata’s vision from Day 1 has been to build Industrial Cities, not merely industrial parks. Factories are only as productive as their workforce. Amata understands that workers do not only work, they also live their own lives. They need facilities to care for themselves and their families,: schools, shopping facilities, leisure venues, health care. Amata Industrial Cities have been developed with the above in mind.
  • 18. 18 38,000 sq.m. complex TESCO LOTUS PLUS MALL FINANCIAL STREET home to banks and leasing companies Shopping & Banking
  • 19. 19 Health Care VIBHARAM HOSPITAL 130 beds international hospital • Dental clinic • Skin clinic • Medicine clinic • Health check-up center • Mother & child center • Outpatients center • Orthopedic center • Health & safety training Health Care
  • 20. 20 ➢ Thai German Institute (TGI) Technical Training Center started its operation in 1995 with the objective to be a training center for technicians to transfer advance manufacturing technology to Thai industry ➢ Kasetsart University Laboratory School located on 34 rai of land was established on April 22, 1971 to provide multi lingual program for students of grade 1-12 ➢ SISA (Sirasartsuksa Amata School) English Program International School by Kinderworld Education Group for Pre-school and Grade 1 – 6 Education
  • 22. 22 THAILAND The perfect choice for your footprint in Asia