BOI applications expected at record $25Bn for 2012

Industry Minister Pongsvas Svasti said Friday that he was certain investment promotion applications would hit a record Bt800 billion, higher than this year’s target of Bt630 billion.

Published

8 years ago

August 24, 2012

Aishwarya Gupta

Industry Minister Pongsvas Svasti said Friday that he was certain investment promotion applications would hit a record Bt800 billion, higher than this year’s target of Bt630 billion.

His certainty came as a result of the fact that investment promotion applications in the first seven months were already valued at Bt570 billion, 61 per cent higher than the same period last year.

Mr Pongsvas said the reasons why there have been more applications this year were because investors believe in Thailand, while the government’s infrastructure construction with a several hundred billion baht budget helps drive the domestic economy.

Meanwhile, Thailand’s Board of Investment (BoI) secretary-general Atchaka Sibunruang said investors have continued applying for investment promotion at BoI.

Currently, BoI is adjusting a new policy for investment promotion. It will provide the highest benefit to provinces with low development levels and low income per capita. Twenty provinces are the target of this policy adjustment. Tax benefits will also be adjusted, Ms Atchaka noted. (MCOT online news)

via 2012 investment promotion applications expected to hit record Bt800 billion.

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.

Published

1 hour ago

December 28, 2020

BOI

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).

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Economics

96% of Foreign Investors still confident in Thailand says BOI

The Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.

Published

4 days ago

December 24, 2020

National News Bureau of Thailand

BANGKOK (NNT) – With the COVID-10 pandemic causing significant disruption around the world including in Thailand, the Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.

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Companies

Thai Firm to produce 200 million doses of Covid-19 vaccine

Thai Firm Siam Bioscience Joins with AstraZeneca to Make COVID-19 Vaccine for Southeast Asia and says it will produce 200 million doses of its anti-coronavirus vaccine in Thailand next year.

Published

5 days ago

December 23, 2020

Olivier Languepin

Thailand aims to vaccinate up to half of its population against Covid-19 next year according to the director of its National Vaccine Institute, Dr. Nakorn Premsri.

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