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BOI Implements Digital Technology Adoption in Productivity Improvement Measures
published : 5 Feb 2021 at 15:01
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The BOI is encouraging manufacturing and services businesses to adopt digital technologies with the following significant conditions:
• Must be existing projects, either BOI or non-BOI promoted, activities of which must be eligible for CIT exemption.
• Investment of not less than 1 million baht (excluding cost of land and working capital).
• Must propose a digital technology adoption plan, with no requirement for investment in machinery or equipment, for example: • Employing digital software or information technology in resource management. • Implementing Artificial Intelligence (AI) and Machine Learning. • Adopting Big Data Analytics.