Bangkok Free Trade Zone (BFTZ) located on the 23rd km, Bangna-Trad highway, covers an area of 1,000 rai (400 acres/ 160 hectares) highly developed to support manufacturing and warehousing activities. Ready-built warehouse and factory for rent or built to suit are available for accommodate all activities.
The project is divided into “Free Zone” and “General Zone”.
“Free Zone” is a designated area for commerce and industrial operation and other business activities which is officially eligible for tariff and tax exemptions with respect to the purchase or importation of raw materials, components or finished goods. Such materials and goods can generally be stored, processed or assembled in the Free Zone for re-export, in which case taxes and duties generally would not apply, or for entry into the domestic market, in which case taxes and duties would be deferred until the time of entry.
“General Zone” is a non-free zone area located at the Free Zone neighborhood. It is suitable for manufacturing which uses mainly domestic raw material, and for supporting merchandise distributed domestic.
The BFTZ is also announced in the government gazette as an “Industrial Zone” officially granted by Ministry of Industry. It is currently endorsed as a “Purple Zone” by Provincial Government of Samut Prakarn. Factory can be established by the merit of the above mentioned proclamations. Also procedure of seeking permits and licenses are relief from regulation compliance. Board of Investment (BOI) has also approved the BFTZ as a “Logistics Park”. Industrial operation and other business activities established in BFTZ will be entitled for corporate income tax exemption from 3 to 8 years depending on type of industries as classified by BOI. The BFTZ is environmental friendly, 30 % of the project areas are reserved for green environment and infrastructure development. The rest is for developing warehouse and factory to support complete industrial supply chain.
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