The Thai Chamber of Commerce (TCC) has proposed the Board of Investment (BoI) increase the number of one-stop service centres; improve promotional privileges for all industries across the value chain, including pet food production; encourage joint ventures and regional headquarters in the country; and open more service businesses to foreign investors in an effort to drive investment over the next five years.
Speaking after a joint meeting between senior executives of the chamber and the BoI on Wednesday, TCC chair Sanan Angubolkul said the chamber had called for greater clarity on the state incentives awarded to special economic zones, access for small and medium-sized enterprises and startups to BoI promotional privileges, and incentives for large companies that agree to participate in the scheme to help smaller ones in the same value chain.
"Amid greater challenges and competition, all countries around the world are revving up their efforts to upgrade their measures and privileges to make their countries more enticing to foreign investment," said Mr Sanan.