BOI Board Approved IRPC 36 Billion Baht PARAZYRINE-BENZINE Plant Expansion.
Delivered special Measures Promote Rail Systems and Investment to Boost Secondary CitiesTourism .
11-1-2019–Today Board of BOI Chaired by Prime Minister Approved IRPC.,Pcl
35.96 Billion Baht PARAZYRINE-BENZINE Plant Expansion with the latest technology in Rayong to serve the expanding domestic and export market.
BOI Board today also delivered two special measures to promote rail systems and investment to boost Secondary Cities Tourism as follows:
1) To promote rail systems investment by provide three or five years income tax exemption in addition to ordinary incentive (Three years for existing industrial zone and five years for the investment in Khonkan, Nakornratchasima province or the surrounding area)to quicken rail Systems Investment to serve next 20 Years Huge Higher Demand, in order to quicken investment by December 2021 to serve the future high demand over 6,000 Km and required 11,628 bogies which is several times higher than the number of worth to invest which JICA estimate that it need 300 locomotives demand to be worth enough to invest a rail locomotives plant.
According to the study of Chulalongkorn University, Thailand demand on rail systems in the next 20 years huge increasing comprised of ;
The demand for 3,157 Km double tracks train and new line for the next 20 years comprised of 1,365 train set (228 at present), 2,425 passenger bogies(1,183 at present) and 5,787 container locomotives ( 1,897 at present).
The demand for 595 Km Bangkok and Urban power train would be 1,312 bogies (421 bogies at present).
The demand for 213.8 Km Thailand first stage regional tram would be 637 bogies.
The demand for 2,132 Km Thailand first stage High-Speed train would be 102 bogies.
2) Open to promote more types of tourism relevant project to support and promote secondary city tourism, such as open to promote more types of museum, not only Aquarium but also Local Art and Cultural ., etc by reducing the enforced investment capital condition from 100 million baht to 30 million baht and open to promote more types of tourism relevant projects such as Cruise Terminal and others, such as Amusement Park, Racing Ground ., etc.in order to support more new creative large size and standardized tourism zone in Thailand.
