The Thai Board of Investment expressed satisfaction that projects seeking its privileges reached US$ 33 billion in value as of mid-December. Japan is still No. 1 among foreign investors applying for tax breaks, followed by the US and EU. The new BOI strategy promotes high-tech, creative and service industries that support the development of the ‘digital economy’, and industries that use local resources. Tax privileges are not the main incentives but the ease of doing business in the SEZs such as financial transactions, warehousing, logistics and support facilities.