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BOARD OF INVESTMENT (BOI) AND PROGRESS OF FOREIGN INVESTMENT IN THAILAND Promoted Thailand Policy for production investments was begun since over 30 years ago. Because Thailand need development into the country. Intention of the Government was transforming backward developed country to be developed country. Then, the Government policies of promotion to fascinate and stimulate Foreign Investors , for purpose of their investing capital in Thailand- production & businesses. The BOI promoted privileges was classified into 2 types – Tax privileges / incentives and Non-Tax privileges / incentives which the detailed policy was revised from times to times due to economics and global change , up till the present. BOI was considered as a progress Government unit and they are still in this trend. Looking forward for prosperity of Thailand and to Investors too. This Government unit is “ Board of Investment “ or as called shortly “ B. O. I” . Presently ,BOI is administrated by Ministry of Industry. Since AEC , FTAs and more country negotiation both Bilateral agreement or Multi-lateral agreements keep going on. It was absolutely shown to all parties involved that Thailand is as bridge of AEC. As Thailand is located geographically among Asean Countries : CLMV, Indonesia, Malaysia, Philippines, Brunei, Singapore.