The government has a policy to propel the Digital Economy for higher Thailand’s competitiveness. The policy of Smart City is driven by Ministry of Digital Economy and Society which was determined Phuket as the first Smart City and the digital industry cluster.
What is the Cluster Policy?
A cluster is concentration of interconnected businesses and related institutions that operate within the same geographic areas. The aim of promoting business clusters is to boost the level of support and cooperation in all facets of the business, both vertical and horizontal, in order to strengthen the industrial value chain, enhancing Thailand’s investment potentials and competitiveness, and expand socioeconomic development to regional and local levels.
The government of Thailand has perceived the significance of cluster in the development of the nation’s economy. The cabinet and the Thailand Board of Investment, therefore, proposed the Cluster-based Special Economic Development Zones Policy, or the Cluster Policy in short, which came into effect on September 16, 2015.
How the Cluster Policy Support the Investor?
The cluster development policy aims at increasing industrial competitiveness in
areas with high potentials for targeted manufacture bases using advanced
Clusters are crucial in linking manufacturers, suppliers, supporting industries, research and academic institutions, and public and private organizations within the cluster areas. Strategic development is supported by government agencies in wideranging aspects, including human resources and technological developments, infrastructure development and logistics system, tax incentives and non-tax incentives, financial support, and amendments of rules and regulations to facilitate investment.
These measures not only support the cluster development and its competency in the international arena, but also give strategic advantage to investment projects in the cluster areas.
Software (Embedded Software, Enterprise Software, Digital Content)
Thai Motion Picture Production and Motion Picture Supporting Services
|Incentive||Super Cluster||Other Clusters|
8-year corporate income tax exemption and an additional 5-year 50% reduction Import duty exemption on machinery
|3– 8 year corporate income tax
exemption and an additional 5-year
Import duty exemption on machinery
|Non-Tax||Consideration of granting
Permanent Residence to the
Permission for foreigners to own land to implement the promoted activities
|Same as Super Cluster|
• Activity classified under eligible BOI categories
• Located in the designated provinces for each relevant cluster
• Have cooperation with academic institutions / research institutions / centers of excellence in the designated areas e.g.
» Talent Mobility / Work-integrated Learning / Co-operative Education / Dual systems
» Cooperation in development of human resource or technology as approved By the Board of Investment • Applications to be submitted by end of 2016 and production to be started by end of 2017
(Extension may be possible if deemed appropriate.)
Digital Economy Promotion Agency (Southern Region)
Address : 479 Phuket Road, Talad Yai, Muang, Phuket 83000
Phone : 0 76 37 9111, 08 1956 0951
E-mail : email@example.com
Facebook : Phuketsmartcity