What is Thailand Special Privileges Special Economic Zone? Thailand Special Economic Zone Importance of SEZ Thai government has initiated many incentive programs to attract investment Special Economic Zone: SEZ in SEZ by giving top priority for private sector. These includes tax reductions and various kinds of support according to targeted industry and types of entrepreneur หักค่าขนส่ง ไฟฟ้า ประปา 2 เท่า เป็นระยะเวลา 10 ปี หักค่าติดตั้ง หรือก่อสร้างสิ่งอำนวยความสะดวกได้ ร้อยละ 25 ของเงินลงทุน นอกเหนือจากการหัก BOI’s Incentives*ค่าเสื่อมราคาปกติ Build concrete Lead to fast collaboration GeneralGeneral ActivitiesActivities underunder BOIBOI EligibleEligible development in ASEAN 33 88 8+58+5 Increase potential and Exemption of import Exempt import duty create opportunity of of materials used in New economic areas, located near border of Thailand, duty on machinery investment for export manufacture ForFor projectsprojects inin A1/A2,A1/A2, act as business gateway connecting Thailand with entrepreneurs ExemptionExemption ofof corporatecorporate whichwhich areare entitledentitled toto 88 neighboring countries. These will give opportunity for incomeincome taxtax forfor aa periodperiod yearsyears taxtax exemption,exemption, people to have better life with higher income and living ofof 33 years,years, butbut altogetheraltogether anan additionaladditional 50%50% quality by expanding development to local areas, which notnot exceedingexceeding 88 yearsyears reductionreduction forfor 55 yearsyears Operation Guidelines willwill bebe grantedgranted will also enhance public security. Other non-tax 25% deduction of project incentives such as installation/ construction In Case of Targeted Activities Where are Thailand SEZs? land ownership costs from the project In Case of Targeted Activities capital, in addition to the Thailand SEZs have been established in 10 border deduction in depreciation 88 +5+5 provinces next to Myanmar, Laos, Cambodia, and Malaysia. These provinces are Chiang Rai, Kanchanaburi, Narathiwat, Nong Khai, Nakhon Support and Enhance economic ExemptionExemption ofof corporatecorporate AdditionalAdditional 50%50% Phanom, Trat, Songkhla, Tak, Sakaeo, facilitate investment activity in local areas incomeincome taxtax forfor aa periodperiod reductionreduction ofof corporatecorporate and Mukdahan Double deduction from the ofof 88 yearsyears (not(not exceedingexceeding incomeincome taxtax inin aa periodperiod Permission to hire cost of transportation, 100%100% ofof investment)investment) ofof 55 yearsyears foreign unskilled labor The potential areas are electricity, and water supply for 10 years Incentive from other organizations Easing Conditions for SMEs The Revenue Department Provide economic and Support people to Reduction of corporate income tax from social infrastructure participate in 20% to 10% in 10 of accounting periods development Apply for incentive with the Revenue Department The Customs Department Allow to use the used Trat Reduction of registered capital for bonded Minimum project machines, but not Chiang Rai warehouse from 10 million baht to 5 million investment of 500,000 exceeding 10 million baht Nong Khai baht (excluding the baht and must use new Free zone registered capital must value Improve community Manage natural land cost and working machines not less than at least 10 million baht Kanchanaburi enterprise and private resource and capital) 50% of total sector in the areas environment machines cost Note : * For more details about BOI's incentive, please contact Thailand Board of Investment (BOI) Special Economic Zone Chiang Rai: Gateway to Myanmar and Lao PDR. Province Basic Information Border Trade Value Value Total area of 11,678 sq.km. or 7,298,981 Rai. (Million THB) 50,251 48,160 47,049 Ranked 12th largest in Thailand 50k 8,446 7,705 Population: 1,298,304 (as of 2019) 40k 7,457 Connect to Phayao, Lamphang and Chiang Mai. 30k 40,455 39,692 41,804 Has the border with Myanmar and Lao PDR. 20k 3 border checkpoints: Chiang Saen and Chiang Khong districts connected with Bo Kaew Subdistrict, Lao PDR 10k and Mae Sai District checkpoint connect with Myanmar 0 2017 2018 2019 Year Transportation Import Export Located along the North – South There are 2 airports. Highway No.1 (Phahonyothin The 4th Mekong Bridge from Economic Corridor (NSEC) Air Force airport and Mae Fah Luang - Road) connect to Tachilek Thailand (Chiang Khong) Chiang Rai International airport Province, Myanmar To the Lao PDR (Bo Kaeo). (commercial airports) Connect Thailand with Lao PDR and Kunming GPPGPP Proportion Proportion in in 2018 2018 GPP Value Year 2018 110,815 2017 103,673 2016 99,835 Industrial 8% 2015 95,217 2014 92,217 2013 93,088 Agricultural 2012 Service 30% 88,324 and others 2011 73,853 62% 2010 69,640 2009 59,997 ?? 2008 60,779 Million THB 0 20k 40k 60k 80k 100k Special Economic Zone Chiang Rai: Gateway to Myanmar and Lao PDR. Infrastructure Development Plan Myanmar Chiang Rai Upgrading Chiang Rai Airport 1st Mae Sai Bridge Expand southern building and the building for VIP / VVIP 2nd Mae Sai Bridge Lao PDR Expand warehouse building Mae Sai District Mae Sai Wiang Phang Kham Ko Chang th Substation construction and southern parallel driveway 1290 4 Thai-Lao Friendship Bridge Phong PhaSi Mueang Chum1290 Rim Khong 1149 Pong Ngam Si Don Mun Wiang Mae Ngoen Ban Dai 1129 1129 Huai Khrai Pa Sak Wiang 1129 Chiang Khong Road Development and Improvement Chiang Saen District Yonok Ban Saeo 1016 Sathan 1020 District Western Bypass Road, Part 1 1271 Si Don Chai Highway 1129: Chiang Saen - Chiang Khong part 1-2 1098 1 1174 1098 Khrueng Highway 1020: Chiang Rai - Chiang Khong Part 3 Huai So 1020 Highway 1290: Chiang Saen - Chiang Khong Part 3 Bun Rueang Construction of the road from Highway 1098 Intersection - 1174 Highway 1 Intersection, Mueang District District District Border Transportation Development Sub District Border Railway Construction: Den Chai- Chiang Rai- Chiang Khong Road Construction of Chiang Khong Intermodal Facilities Special Economic Zone River Customs/ Immigration Checkpoint Industrial Statistic Labor Situation No. of Investment Industrial plant Plant (Million THB) Labor Proportion In the Labor force 1. Agricultural Industry 175 59,481 49% 2. Food 72 12,497 Under 15 years old Not in the labor force 3. Transportation 28 10,547 26% 25% 4. Energy 1 8,830 Occupation Proportion Labor Education 5. Construction Material 119 8,532 Uneducated 6. Chemical and Petrochemical 12 2,569 Others 9% 11% University Agricultural 12% 7. Wood Products 20 2,233 55% Government Below 8. Plastic Products 11 941 4% Primary School 9. Metal 13 850 26% Manufacturing Trade and Primary 10. Others 129 42,292 6% Secondary service School Construction School High Total 18% 24% 580 148,772 7% 13% School 15%.