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Thailand: BoI mulls incentives for smelters.

Thai Press Reports

Section: Investment - The Board of Investment (BoI) will discuss detailed incentives for upstream steel-smelters at its special conference today, in a move to push ahead with the delayed plan to lure huge investment to the Kingdom.

Four steelmakers have written expressing interest in such investment. They are Nippon Steel, JFE Steel, Arcelor Mittal and Baosteel.

Each project is expected to attract at least Bt100 billion in investment. However, there has been no progress as the government has failed to specify an appropriate location to accommodate the smelters, for fear of resistance from local communities concerned about pollution.

"It is necessary …

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BoI mulls incentives for smelters.: Newspaper article from: The Nation (Thailand) November 17, 2008 700+ words

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