The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development.
A joint committee will be set up by the two institutions to carry out work under the partnership.
The BCG model, which has been declared a national agenda item by Prime Minister Prayut Chan-o-cha's government, encourages manufacturers to adopt certain technologies to add value to their products, with little or no impact on the environment.