ARES Thailand Supports Industrial Investment
Through BOI Investment Promotion Privileges
ARES International Thailand Meets with V Manufacturing and Advisory to Support BOI Investment Promotion
ARES INTERNATIONAL THAILAND recently held a meeting with V MANUFACTURING AND ADVISORY to exchange information and discuss updates regarding BOI investment promotion privileges for 2027 (B.E. 2570), including relevant criteria, requirements, and conditions for industrial investments in machinery, technology, and digital systems.
The discussion focused on developing an End-to-End support approach for industrial businesses, covering the entire investment journey—from preparation before applying for BOI investment promotion privileges, preparing the required information and supporting documents, and completing the relevant application procedures, through to the implementation of digital technologies and manufacturing systems such as ERP, MES, APS, and IIoT within factories.
The collaboration also covers the subsequent process of utilizing BOI privileges and claiming applicable tax benefits in accordance with the relevant regulations and requirements. The objective is to establish a systematic approach that enables businesses to effectively manage each stage and eventually develop the capability to handle these processes independently over the long term.
Supporting Smart Factory and Industry 4.0 Transformation
ARES INTERNATIONAL THAILAND and V MANUFACTURING AND ADVISORY are committed to strengthening collaboration to support industrial businesses in investment planning, production efficiency improvement, and digital transformation.
By combining BOI investment promotion support with the adoption of ERP, MES, APS, and IIoT technologies, businesses can plan their technology investments more strategically while building a foundation for Smart Factory and Industry 4.0 transformation.
For manufacturers interested in BOI investment promotion and investment in digital manufacturing systems, including ERP, MES, APS, and IIoT, contact the ARES International Thailand team for further consultation.
Event Highlights: IDTI x ARES – “MES for Smart Manufacturing” Training
The training was jointly organized by ARES International Thailand and IDTI, Federation of Thai Industries (FTI) to share practical knowledge and approaches to implementing MES (Manufacturing Execution System) in the manufacturing industry. The session focused on how MES connects with ERP, APS, and IIoT to integrate production data, improve operational visibility, and support the transformation toward Smart Manufacturing and Industry 4.0.
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Project Cost Allocation
The allocation of project costs allows for a reasonable estimation of the revenue and expenses associated with the project contract, enabling the profit or loss of the project to be calculated based on the percentage of completion. Recognizing project revenue is relatively straightforward, requiring only the issuance of invoices according to the progress of the project contract. However, the method of recognizing all project costs and expenses is more complex, particularly when it comes to categorizing which costs and expenses belong to which project.