Thailand BOI offers incentives to attract international events

The Thai government announced that it will grant tax waivers and import duty exemptions for organizers of large international concerts, sporting events, and festivals, as part of efforts to boost event-related tourism and economic growth.

The Thai government is offering tax waivers and import duty exemptions to organizers of large international events in order to boost event-related tourism and economic growth.
Prime Minister Srettha Thavisin is promoting event-related tourism as part of the “Ignite Thailand” campaign, citing the example of the Eras Tour by Taylor Swift and the incentives offered by Singapore for hosting major concerts.
Thailand has secured the hosting rights for Summer Sonic, a music festival from Japan, and Tomorrowland, an annual dance music festival from Belgium, signaling a growing interest in the country as a destination for major international events.

Prime Minister Srettha Thavisin highlighted the potential impact of major events on travel and spending, citing the example of the Eras Tour by Taylor Swift.

Thailand has been selected to host two major events, including the Summer Sonic music festival from Japan and the Tomorrowland dance music festival from Belgium. Additionally, efforts are being made to remove any regulations hindering the event industry.