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Thailand BOI Approves US6.2 Billion in Investments, Including Foxconn-PTT's EV Venture, and Improved Battery, Smart Zones Incentives

BANGKOK, June 13, 2022 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved a combined 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan's Foxconn and Thailand's PTT PCL, to make battery electric vehicles (BEV), and approved enhanced benefits for investment in battery production, building up on the policy to b...
Krung Thep Mahanakhon Duangjai Asawachintachit Gen Prayut Chan Ocha Clean Power Co Ltd Asia Era One Co Ltd Horizon Plus Co Ltd

Thailand BOI approves US$6.2 billion in investments, including Foxconn-PTT's EV venture, and improved battery, smart zones incentives

The Thailand Board of Investment (BOI) at a meeting on June 13, 2022, approved a combined 209.5 billion baht (US$6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwanโ€™s Foxconn and Thailandโ€™s PTT PCL, to make battery electric vehicles (BEV). The BOI also approved enhanced benefits for investment in battery production, building on a policy to become Southeast Asiaโ€™s EV...
Krung Thep Mahanakhon Duangjai Asawachintachit Gen Prayut Chano Cha Clean Power Co Ltd Asia Era One Co Ltd Horizon Plus Co Ltd

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