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Bangkok Investment – Govt Cuts SEZ Lease Management Fees by 50%

By on Nov 16, 2015 in Investment-Land, Property News

Bangkok investment has been made by the cabinet approving a 50% cut in the one off lease management fee for land in the 6 special economic zones. The objective is  to attract investors. A government spokesperson Sansern Kaewkamnerd said the 50% discount will be achieved by waving annual instalment payments during the first 5 years of a company’s operation.  The remaining balance will then be paid off in equal portions during the 6th to 10th years.

The annual lease prices for land in the special economic zones of Sa Kaeo, Trat, Tak, Mukdahan, Songkhla and Nong Khai provinces will increase 15% every 5 years.

Source: Bangkok Post, 4th November 2015
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Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

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