Confidia Thailand receives BOI Government Sponsorship to expand into the Thailand market with Fintech solutions. (Payments and investments)
BOI (Board of Investment) Law, is a promotional policy created in 1954 when the government announced their Industrial Promotion Act. The government started actively subsidizing and promoting incentives for foreign businesses willing to open and operate in the Kingdom of Thailand. Through the Board of Investment law, the government guarantees not to interfere or nationalize foreign businesses. Thailand was the first country in this region to have such an investment law.
The Office of the Board of Investment is a government agency under the Office of the Prime Minister. Its main roles and responsibilities are to promote investment.
The board has endorsed Confidia Thailand as a BOI partner to promote investment in the country.