eNewsletter#1
Allocating money for huge investments especially in new technologies can be daunting. We understand this hesitation, so we have compiled 5 reasons to help entrepreneurs in the metalwork...
eNewsletter#1
Allocating money for huge investments especially in new technologies can be daunting. We understand this hesitation, so we have compiled 5 reasons to help entrepreneurs in the metalworking industry consider why this is the right time to invest in Smart Factory 4.0 technologies.
1. Efficient production quality management
2. Maximize 5G technology
3. Reduce human error
4. Easy management with real-time reports
5. Get full benefits from the BOI
The conditions for entrepreneurs to apply for benefits from the BOI include submitting their investment plans in either Automation and Network Technology, Smart Operation, or Digital Technology in Production & Enterprise Processes to the National Science and Technology Development Agency (NSTDA) and get approval. Then, they will be able to receive 100% tax exemption of their total investment for the period of three years.
Source: The Board of Investment of Thailand (BOI)
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