Thai Government Sets Environmental Requirement For Map Ta Phut Projects - Mazars - Thailand
Thai Government Sets Environmental Requirement For Map Ta Phut Projects
Thailand's Board of Investment (‘BOI’) agreed to a set of environmental requirements for new and existing industrial operators in the Map Ta Phut area in eastern Thailand.
26/04/2011
Keywords: Thailand, Board of Investment, Map Ta Phut
Firms located in the area will be required to limit the volume of nitrogen oxide, sulfur dioxide and volatile organic compounds they emit to levels set by relevant authorities. They will also need to conduct an environmental impact assessment before being eligible for any investment incentives, the BOI said in a statement.
The BOI, a government agency that grants investment incentives, also agreed to increase tax incentives for existing industrial operators in the area that upgrade their machines or equipments to reduce the environmental impact of their operations, the statement said.
Source: NASDAQ
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