THE Board of Investment has approved 13 target industries that will receive full privileges for investing in the five special economic zones (SEZs) along the border areas.

Meanwhile, the BOI aims to approve at least 1,600 projects worth around Bt1.4 trillion this year. It says more than 700 projects worth about Bt117 billion have already been approved in the first three months of 2015. The 13 target industries, which cover 61 sub-industries, that invest in the SEZs in Tak, Sa Kaew, Trat, Mukdahan and Songkhla will receive a maximum of an eight-year corporate-income-tax exemption. For the following five years, they can enjoy a 50-per-cent income-tax reduction. Industries that are in Group A1 or A2 of the BOI privilege list but are not among the 13 target industries will receive additional income-tax exemptions for three years.

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