The Digital Economy and Society Ministry on Monday (Nov 20) incentivised smart city development by offering a 50% cut in corporate tax for three years.
DES Minister Prasert Chanthararuangthong announced the move during a seminar titled “Thailand Smart City 2024” at the Grand Hyatt Erawan Hotel in Bangkok.
Prasert said the Pheu Thai-led government was focused on developing provincial hubs into smart cities in seven fields – transport, energy, economy, citizen, living, public services, and the environment.