Thailand woos Chandigarh entrepreneurs

In a bid to attract city-based entrepreuners, Thailand today said it offers several incentives to boost bilateral trade between the two nations. 

“Thailand offers no foreign equity restriction in manufacturing, besides corporate income tax holidays up to 8 years, additional 50 per cent reduction for 5 years,… 

“…double deduction for transportation, electricity and water costs for 10 years and Permission to own land for foreign investors,” Sakchai Luangsathitkul, Director Regional Economic and Investment Centre, Thailand said during an interactive session held here. 

In recent years, the northern states of India have emerged as a prime focus area for Thailand as the number of MSMEs here has grown tremendously, he said. 

Full report here Economic Times 


Please enter your comment!
Please enter your name here