BoI privileges considered for investors in Bt846m cross-border transport centre in Nakhon Phanom

The Board of Investment (BoI) has agreed in principle to a public-private partnership project to build a cross-border transport centre in Nakhon Phanom to promote border trade between Thailand and Laos, Transport Minister Saksayam Chidchob said on Wednesday.

“The project, to be overseen by the Department of Land Transport, will comprise an inland container depot and a distribution centre. It is believed that this project will boost the development of factories and warehouses in the areas,” he said. “Private firms investing in the project will obtain benefits under BoI’s regulations, including a reduction or exemption of corporate income tax for up to 13 years and tariff exemption on imported machinery.”

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The Nation Reporter