BOI Launches Four New Measures to Boost Thai SMEs' Competitiveness

Published: May 21, 2025 17:38

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According to China News Service, Naris Chaisuree, Secretary General of the Thailand Board of Investment (BOI), told the media on the 19th that the BOI had launched four new measures aimed at enhancing the competitiveness of small and medium-sized enterprises (SMEs) in Thailand, mitigating risks arising from US trade policies, and integrating Thai enterprises into the global supply chain. These measures include discontinuing investment incentives for industries facing potential supply surplus or trade-related risks. Additionally, incentives for the steel manufacturing industry will also be abolished, including those for long steel products, hot-rolled steel plates, thick steel plates, and various steel pipes.

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