Board of Investment Approves Support for International Festivals to Boost Tourism

BANGKOK (NNT) – The Board of Investment (BOI) has approved promotion for “Music, Sports, and International Festival Businesses” to position Thailand as a global destination and tourism hub.

Thailand to Host Summer Sonic and Tomorrowland Festivals

Narit Therdsteerasukdi, Secretary-General of the Board of Investment (BOI), revealed that the promotion aims to reduce barriers such as visas and taxes on event equipment to attract tourists and stimulate the economy.

To qualify for promotion, each event must have expenditures of no less than 100 million baht, receive exemptions on import duties for equipment, and have access to visa facilitation and work permits through a One Stop Service. This aligns with the “Ignite Thailand” vision to elevate the country to a global level.

Full story: National News Bureau of Thailand

Naark Rojanasuvan
National News Bureau of Thailand

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