BOI revamps International Procurement Office

International Procurement Office (IPO) becomes a centre for management of raw materials, parts, and components on behalf of manufacturers.

IPO activities include:

• facilitating trading for manufacturers

• reducing manufacturing cost

• creating related businesses between buyers and vendors

• increasing domestic employment

Promoted projects will enjoy incentives such as:

• exemption of import duties on machinery

• exemption of import duties on raw materials used in export manufacture

• non-tax incentives

For more details, please go to https://www.boi.go.th/upload/content/sor1_2564_6004fec7e39fe.pdf

**Available in Thai only**

For more information, please contact:  Interloop Solutions & Consultancy 

Tel.  +66(0) 97-106-9113

Line ID: @inlps

Website: InterLoop

Source: Bangkok Post