{"id":154975,"date":"2025-11-23T06:34:11","date_gmt":"2025-11-23T06:34:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/154975\/"},"modified":"2025-11-23T06:34:11","modified_gmt":"2025-11-23T06:34:11","slug":"boi-moves-to-clear-1-3-trillion-baht-in-pending-investment-licences-ahead-of-fast-pass-rollout","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/154975\/","title":{"rendered":"BOI moves to clear 1.3 trillion baht in pending investment licences ahead of \u2018Fast Pass\u2019 rollout"},"content":{"rendered":"<p>Other obstacles include:<\/p>\n<p>&#13;<br \/>\n\tUrban planning and land-use regulations&#13;<br \/>\n\tVisa and work-permit procedures&#13;<br \/>\n\tIndustrial operation certificates, including the key Ror Ngor 4 (Factory Licence No.4)&#13;<\/p>\n<p>Narit confirmed that the Department of Industrial Works (DIW) will incorporate the Ror Ngor 4 process into the Fast Pass mechanism but emphasised:<\/p>\n<p>\u201cRor Ngor 4 is not the biggest problem. Fast Pass is designed to accelerate all processes \u2014 not only factory licences but every major permit.\u201d<\/p>\n<p>DIW director-general Pornyod Klankrong said that fewer than 30% of factory applicants are awaiting their Ror Ngor 4 licence. He noted that 70% of applications have already been approved.<\/p>\n<p>Most delays occur in factories dealing with gas-related activities, while general industrial factories face few issues.<\/p>\n<p>The remaining 30% of problematic cases fall under two regulated factory types that are still categorised under a single umbrella law and have not yet been separated:<\/p>\n<p>&#13;<br \/>\n\tType 105 factories: waste sorting and landfill operations&#13;<br \/>\n\tType 106 factories: industrial recycling or reprocessing of used materials into new raw materials or products&#13;<\/p>\n<p>These categories require stricter scrutiny, contributing to longer approval times.<\/p>\n<p>With Fast Pass, the government aims to streamline cross-agency coordination, accelerate licensing, and ensure that investment capital enters Thailand\u2019s economy more quickly \u2014 strengthening competitiveness and restoring investor confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"Other obstacles include: &#13; Urban planning and land-use regulations&#13; Visa and work-permit procedures&#13; Industrial operation certificates, including the&hellip;\n","protected":false},"author":2,"featured_media":154976,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[87366,2476,72,87367,113,87368,39475,61,975,60],"class_list":["post-154975","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-board-of-investment-boi","tag-breaking-news","tag-business","tag-department-of-industrial-works","tag-economy","tag-fast-pass","tag-finance-ministry","tag-ie","tag-investment","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/154975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=154975"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/154975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/154976"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=154975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=154975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=154975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}