Connect with us
CGIF-10th-Year-Anniversary

Investment

Thailand’s Board of Investment (BoI) applications surge in Q1

The number of projects surged by 53.5 per cent from 269 in the same period last year although investment value edged up by only 1 per cent from Bt134 billion.

Avatar

Published

on

growth

Thailand’s Board of Investment (BoI) Secretary-General Atchaka Sibunruang on Friday revealed that the number of investment projects applying for investment promotions reached 413 with a total investment value of Bt135.8 billion in the first four months of 2010 (January-April).

The number of projects surged by 53.5 per cent from 269 in the same period last year although investment value edged up by only 1 per cent from Bt134 billion.

growth

Despite lingering political crises, foreign investors still show confidence in Thailand’s potential growth.

It showed many foreign investors still had confidence in Thailand’s potential growth.

In April, the number of investment project totaled 106 with an investment value of Bt26.7 billion, an increase of 80 and 86 per cent from the same month the year before.

BoI indicated that the ongoing political crisis had not yet be affected the investment, but if political tensions were resolved, it would contribute positively to the investment atmosphere.

Businesses for which investors seek promotional privileges with the highest investment value include service and public utility with 115 projects and investment value of Bt77 billion; vehicles, machinery and metals with 85 projects and value of Bt20 billion; processed agricultural products and  foods with 68 projects and a value of Bt17 billion; and electronic products with 63 projects and a value of Bt9 billion.

She said foreign direct investment (FDI) projects seeking investment promotions in the first four months of this year had the investment value of Bt53 billion, up 140 per cent from Bt22 billion in the corresponding period last year.

Mrs Atchaka attributed the increased FDI to the global economic recovery and more foreign investor confidence in Thailand.

Japanese investors remain the most active applicants with an investment value of Bt26 billion.

via BoI investment promotions surge in January-April.

Comments

Investment

Thailand Saw $1.7 billion Applications in Bio-Circular-Green (BCG) Investments in 2020, BOI Says

The BCG model, as defined by the Thai Government, encompasses industries that allow inclusive, sustainable growth while reducing waste, pollution and dependence on finite resources.

Avatar

Published

on

By

In the first nine months of 2020, local and international companies applied to invest as much as $1.7 billion in Thailand in more than 300 projects in the sectors listed as “BCG”, or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to data collected by the Thailand Board of Investment (BOI).

(more…)
Continue Reading

Investment

Thailand BOI new measures to boost post-Covid-19 investment

Thailand’s Board of Investment (BOI) approved a series of measures to accelerate investments and to encourage businesses to adopt digital technologies.

Avatar

Published

on

By

The Thailand Board of Investment (BOI) on Monday approved a series of measures to accelerate investments, particularly in target industries and to encourage business to adopt digital technologies.

(more…)
Continue Reading

Investment

Foreign Investors’ Confidence in Thailand Still High Despite Covid-19 Impact, BOI Survey Shows

Out of the 600 companies surveyed, 19.33% said they have plans to increase their investment in Thailand, while another 76.67% said they expect to maintain their current investment level.

Pr News

Published

on

By

Despite the COVID-19-induced economic hardship, as much as 96% of foreign direct investors operating in Thailand are confident in the country’s potential and have plans to expand or at least maintain their investment, citing attractive investment incentives, a strong supporting industry supply chain and the availability of raw materials and parts, according to the Thailand Board of Investment’s (BOI) annual Foreign Investor Confidence Survey.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,520 other subscribers

Trending