The Board of Investment will not change its criteria for privileges to promote the local manufacture of eco-cars despite calls from automakers for the conditions to be eased, says Arthit Vuthikaro, chief of the Industry Ministry’s Office of Industrial Economics. Many automakers whose eco-car projects have already been approved for BoI privileges have now said they will unlikely be able to achieve the output target of 100,000 eco-cars by the fifth year of production. The promotion was first announced in 2007 before the global financial crisis caused the auto market to crash.
Thai Stocks, Trade & Investment Research > Blog > Thai Industry News > Thai Automotive Industry > BoI won’t ease criteria for eco-car perks
BoI won’t ease criteria for eco-car perks
the authorThaiVest Editorial Team
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thai Consumer Confidence Drops to 11-Month Low Amid Political Uncertainty
ThaiVest Editorial TeamAugust 7, 2024
The University of the Thai Chamber of Commerce's (UTCC) consumer confidence index fell for the fifth consecutive month in July...
Boosting Thailand’s Digital Trade Readiness: Insights from the Global Trade Modernization Index 2024
ThaiVest Editorial TeamJune 10, 2024
Thailand Digital Trade Ranks 32nd Globally, 3rd in ASEAN Thailand secured the 32nd position out of 65 countries in the...
Thailand Visa Free Countries 2024: New Rules Boost Tourism
ThaiVest Editorial TeamMay 31, 2024
Thailand is opening its doors wider than ever in 2024 with a significant expansion of its visa-free entry program. This...