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Mr. Narit Therdsteerasukdi, Secretary General of the BOI, announced that applications for investment promotion in the first half of 2024 increased 35% on year to a combined value of 458.4 billion baht (US$12.8 billion). Key sectors include electronics and electrical appliances, automotive, chemicals, and data centers. FDI grew by 16%, with major contributions from Singapore, China, and Hong Kong. The BOI plans to attract more investments in semiconductors and EVs with upcoming roadshows in Asia.

Thailand First Half Investment Applications Rise 35% to US$ 12.8 billion (BOI)

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Saturday, July 27, 2024
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Stephen S. Roach

Stephen S. Roach

Stephen S. Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, is the author of Unbalanced: The Codependency of America and China (Yale University Press, 2014) and Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022).

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