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THAILAND: Factory Licences Extended Indefinitely in Bid to Curb Corruption

The validity of factory licences across the country is to be extended indefinitely under the terms of a proposed amendment to the Factory Act of 1992. At present, factories located outside industrial estates are obliged to renew their licences every five years, a 30-day process conducted via the Industrial Works Department.

Under the new regime, factory operators will have to pay an annual maintenance fee and self-declare their compliance with all relevant safety and environmental regulations. It is hoped that the changes, expected to be implemented in early 2019, will help curb corruption among public officials.

Content provided by Picture: HKTDC Research
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