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CFRESH wins BoI promotion

Seafresh Industry Plc (Cfresh) has received the investment promotion from the Board of Investment for the manufacturing of ready to eat or semi-ready to eat food. The company plans to produce 10,000 tonnes of such food items per annum. In the filing to the Stock Exchange of Thailand, the company said the project would be exempted from machinery import tariffs and 8-year corporate taxes. Import duty on import of products for re-export for a period of 5 years commencing from the date of first import. Seafresh also won another set of promotion of the production of frozen seafood with capacity of 5,000 tonnes per annum. - The Nation

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