Thailand targets industry’s foreign investment

Thailand Board of Investment (BOI) unveiled the Thai Government’s Super Cluster Policy, which is underpinning growth in the country’s manufacturing industries. One of the growing sectors supported by the policy is the motorcycle manufacturing industry.

As demand for motorcycles in the Asia-Pacific region and Southeast Asia continues to gain momentum, Thailand remains one of the top choices for foreign investors to locate their “big bike” manufacturing operations.

In August, the Board of Investment announced that companies manufacturing motorcycles with engine sizes larger than 248cc and those that manufacture at least two of the six key engine parts in Thailand can benefit from incentives under the country’s Super Cluster Policy.