THAILANDSICThailand Standard Industrial Classification

TSIC Activity

28240

Manufacture of machinery for mining, quarrying and construction

ประกอบกิจการประมูลเพื่อรับจ้างทำของ ตามวัตถุที่ประสงค์ทั้งหมด ให้แก่บุคคล คณะบุคคล นิติบุคคล ส่วนราชการ และองค์การของรัฐ

Definition

Manufacture of elevators and conveyor belts, which are in continuous motion for underground use; Manufacture of drilling, chiseling, grooving and tunneling machines (whether or not for underground use); Manufacture of machinery for mineral processing by screening, screening, separating, washing, grinding, etc.; Manufacture of concrete mixers and cement powder; Manufacture of machinery (tractors) for earthworks, such as graders, bulldozers, graders, excavators, excavators, earthmoving machines, etc.; Manufacture of pile drivers and pile pullers, cement sprayers, coal sprayers, concrete surface finishing machines; Manufacture of tractors, crawlers and tractors for construction and mining; Manufacture of blades for graders and bulldozers, including the manufacture of dump trucks.

Excluded from this code

  • Manufacture of lifting and handling equipment, see subclass 2816.
  • Manufacture of other tractors, see subclasses 2821 and 2910.
  • Manufacture of machine tools for use in stone work, including machine tools for chiseling or splitting stone, see subclass 2822.
  • Manufacture of concrete mixer trucks, see subgroup 2910
  • Manufacture of locomotives and mining vehicles, see subgroup 3020.

Foreign ownership

Not on the Foreign Business Act restricted lists.

The Foreign Business Act B.E. 2542 (1999) restricts majority foreign ownership only for the activities named in its three annexed Lists. This activity is not among the mappings we hold, so a foreign investor can generally hold up to 100% of the equity, subject to any sector-specific licence and to minimum-capital rules (typically THB 2 million per restricted business, or THB 3 million where a Foreign Business Licence applies).

If an activity is restricted, the routes to foreign majority

  • BOI promotion — the Board of Investment can grant up to 100% foreign ownership for promoted activities, with tax and non-tax incentives.
  • Foreign Business Licence — permission from the Ministry of Commerce to operate a List 2 or List 3 activity as a foreign-majority company.
  • US Treaty of Amity — US nationals may hold majority ownership in most activities, treated as Thai nationals for FBA purposes.

This is general guidance, not legal advice, and mappings are auto-derived. The schedules of the Foreign Business Act B.E. 2542 are the authority; verify against the Act, or ask us to check your specific activity. See the full foreign ownership reference.

See the full foreign ownership reference for all three FBA lists.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

29
Registered
since 2022
28
Still active
1
Dissolved
฿1.8M
Median capital
of active

New registrations per year

2022peak 10 in 20252026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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