KBank Subsidiaries and ASEAN Economic Strategy slide image

KBank Subsidiaries and ASEAN Economic Strategy

K KASIKORNTHAI EEC Progress Expected disbursement of infrastructure project (FY2019-2027)* 250,000 200,000 150,000 100,000 50,000 0 2019 2020 2021 2022 2023 2024 2025 2026 2027 Bt mn 300,000 250,000 200,000 150,000 100,000 50,000 0 Expected private investment (FY2019-2027)* III 2019 2020 2021 2022 2023 2024 2025 2026 2027 ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Private Investment Breakdown by Business type (during the first 5 years) 8.8% 91.2% Infrastructure-related investment ■Target and non-targer industries Expected project Name of the Projects Amount Owner TOR period Progress selected JV The High-Speed Rail Linked 3 Airport Project (Don Muang-Suvarnbhumi-U-tapao) U-tapao airport and aviation city 2) Maintenance, repair and overhaul (MRO) centre* Bt224.5bn State Railway of Thailand PPP Contract signed Jun 18 CPH1) Bt290bn Royal Thai Navy Oct 18 in Oct 2019 Final stage of bid selection process BBS³) completion 2027 2026 Bt10.6bn Thai Airways Oct 18 Pending after Airbus withdrew Finding new JV N.A. Third phase of the Laem Chabang seaport* Bt155.8bn Third phase of the Map Ta Phut seaport* Bt47.9bn Port Authority of Thailand Industrial Estate Authority of Thailand Oct 18 Under Negotiation GPC4) (Tentative) 2026 Oct 18 PPP Contract signed in Oct 2019 GPC4) 2024 Source: Newspaper, KResearch (as of August 2020) Note: *Projects are under Transport Action Plan Year 2017 1) CPH = A consortium joint venture led by Charoen Pokphand Group, 2) Most of Aviation City development comes from private sector, 3) BBS (BA 45% + BTS 35%+ STEC 20%), 4) GPC = Gulf Energy Development Pcl + PTT Tank Terminal Company + China Harbour Engineering Company บริการทุกระดับประทับใจ K KASIKORNTHAI BOI Measures for Supporting Private Investment ■Cabinet approved measures for supporting private investment Special economic zones (SEZs) (January 19, 2015) ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Targeted provinces ■ Launched a pilot project to set up 6 special economic zones in 5 provinces, namely Tak, Mukdahan, Sa Kaeo, Songkhla, and Trat ■ Second phase of special economic zones to be established in 5 additional provinces - Chiang Rai, Kanchanaburi, Nong Khai, Nakhon Phanom, and Narathiwat Incentives ■ Projects in special economic zones: tax exemption for first 8 years and 50% tax reduction in following 5 years 10 targeted industries for new engines of growth (November 17, 2015) 10 targeted industries Incentives ■ First S-Curve (to enhance efficiency of existing production, boosting short and medium-term economic growth) consists of Next Generation Automotive, Smart Electronics, Affluent Medical and Wellness Tourism, Agriculture and Biotechnology, and Food for the Future ■ New S-Curve (for new growth) consists of Robotics, Aviation and Logistics, Biofuels and Biochemicals, Digital, and Medical Hub ■ Up to 15 years for tax exemption; personal income tax exemption for international qualified expertise Tax deduction will be granted up to 3 times for expenses relating to technology R&D from 2015-2019 Additional Incentives under Revised Investment Promotion Act (February 14, 2017) Competitiveness Enhancement Act Incentives ■ Promote investment in line with Thailand 4.0, especially new technology and high-impact investment ■ Targeted Core Technologies consist of Biotechnology, Nanotechnology, Advanced Materials Technology, and Digital Technology Corporate income tax exemption for up to 13 years for businesses using advanced technology and R&D ■ 50% corporate income tax reduction for up to 10 years " Import duty exemption for machinery and raw materials for exports ■ Non-tax incentives such as up to 99 years ownership of land and imports of skilled-labor and foreigner specialists ▪ Bt10bn grants for investment projects engaged in R&D, innovation, or human resource development in specific areas Source: Newspaper, KResearch (as of August 2017) บริการทุกระดับประทับใจ 152 151
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