BOI drives eco-friendly investment

BOI drives eco-friendly investment

Adjustment to the conditions for utilising refrigerant to reduce enviromental impact

“Cold storage facilities/ Cold storage transport operations”

  • In case of using natural refrigerants, except ammonia, promoted projects will enjoy a 3-year CIT exemption.
  • In case of using ammonia,
  • In case of using non-natural refrigerant, promoted projects will enjoy an import duty exemption on machinery.

Encourage the implementation of Carbon Capture, Utilisation and Storage (CCUS) technology.

  • Add an new eligible activity “Natural gas seperation plants”
  • In case of implementing CCUS technology, promoted projects will enjoy an 8-year CIT exemption.
  • In general case (not implementing CCUS technology), promoted projects will enjoy a 5-year CIT exemption.
  • Condition adjustment for “Petrochemical Production”
  • In case of implementing CCUS technology, promoted project will enjoy an 8-year CIT exemption.
  • In general case (not implementing CCUS technology), promoted projects will enjoy a 5-year CIT exemption.

For more information, please contact: 

Thailand Board of Investment

Tel. +66 (0) 2553 8111

E-mail: head@boi.go.th

Website: www.boi.go.th

Youtube: Think Asia, Invest Thailand



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