Japan takes lion’s share in EEC foreign investment
Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.
Foreign investment via their joint ventures with Thai partners (foreign shareholding at 49 per cent) in the EEC stood at Bt752.780 billion.
Japanese investors pledged Bt375.907 billion, followed by China Bt67.872 billion, Singapore Bt42.358 billion, US Bt27.908 billion and those from the Cayman Islands at Bt23.169 billion.
Vuttikrai said that investors from Cayman Islands were interested in the production of electricity controls and distribution equipment, holdings, and communications devices.The EEC covers Rayong, Chon Buri and Chachoengsao provinces.
The number of new companies registering in the Eastern Economic Corridor (EEC) from January to August this year rose 2.03 per cent year on year to 4,976, according to the director-general of the Department of Business Development, Vuttikrai Leewiraphan.
Their total registered capital was Bt17.462 billion, up 38.05 per cent year on year. The top three business sectors were: real estate companies totalling 829 companies, with total capital of Bt2.364 billion, followed by building construction companies (398) with Bt661 million, and restaurants (183) with Bt438 million.
Investment
Foreigners’ Participation in Thai Listed Companies explained
Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.
Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies.
Lifestyle
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There is a large demand for gambling throughout Asia, which is detailed below in a comparison between various countries, such as Thailand and more.
One of the fastest growing industries in the world is the gambling industry. It is currently worth around $443.2 billion, and is expected to continue climbing to an estimated $647 billion by 2027.
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