The role of Thai government in support investment after economic crisis : the case study of the BOI | |
| Author | Dumrilert Sutawimol |
| Call Number | AIT RSPR no. SM-00-08 |
| Subject(s) | Investments, Thai Financial crises--Thailand Board of Investment |
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration., SchoolofManagement |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-00-08 |
| Abstract | Investment is the important part in economic development of the country. Thai government uses the Board of Investment (BOI) as the tool in supporting investment from both domestic and foreign countries. With the economic crisis, the Thai government has faced with many economic problems such as currency depreciation, large foreign capital outflow, current account deficits, and reduction of export. Investors have faced with liquidity problem, decreasing domestic demands, high production costs, and overcapacity. To alleviate these problems that both Thai government and investors have faced, the BOI issued many measures to help domestic industries and attract more foreign investment. This research is conducted to study the roles and responsibilities of the BOI as the main government agency in supporting investment and to study the measures that the BOI set ยท to respond to the economic crisis. This research also provides the information about the current investment promotion policy and the new investment promotion policy that will replace the current policy in the early part of 2000. The recommendations to the BOI for the improvement of the policy and measures are also included. From the study, the major roles and responsibilities of the BOI are the building image of the country, generating investment, and providing investment service to investors. After economic crisis, the BOI issued twelve measures to help mitigate the current account deficit, strengthen the balance of payments, improve the quality and efficiency of the production, boost the export, expand the investment activities from the existing projects, attract more foreign investment, and facilitate foreign investors. Recommendations made include: the BOI should promote other industries not only agriculture, textile, shoes, and food industries, should consider the demand and supply when granting the privileges, should bring new incentives to use for increasing the efficiency of granting privileges, and should help the domestic promoted companies that are affected by the Asean Free Trade Agreement (AFTA) and the World Trade Organization (WTO). In addition, the BOI should further promote the use oflocal capital. |
| Year | 2000 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-00-08 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Tang, John C.S.; |
| Examination Committee(s) | Sunanta Siengthai;Bechter, Clemens; |
| Scholarship Donor(s) | Asian Institute of Technology Partial Scholarship; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2000 |