Connect with us
CGIF-10th-Year-Anniversary

Thailand’s Board of Investment (BOI) approves 35.7 billion baht worth of investment projects

The Thailand’s Board of Investment (BOI) approved 35.7 billion baht (USD1.1 billion) worth of large investment projects in several sectors.

Avatar

Published

on

Thai premier holds meeting on 2020 Budget

The Thailand’s Board of Investment (BOI) approved 35.7 billion baht (USD1.1 billion) worth of large investment projects in several sectors.

The details of the six large scale projects approved today by the BOI are as follows:

1. An agro-processing project received approval for an investment of 5.1 billion baht, located in Sa Kaew Province

2. Auto Alliance (Thailand) Company Limited received approval for a plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV) production project to be located at the Eastern Seaboard Industrial Estate in Rayong Province. The project, with an investment value of 3.2 billion baht, will have an output of 5,000 PHEVs and 1,000 BEVs per year, for distribution in the domestic market.

3. Amata B.Grimm Power 1 Company Limited received approval for a power generation, steam and demineralized water production project, with an investment value of 6 billion baht. The project, located at Amata City Chonburi Industrial Estate in Chonburi Province, will have a capacity of 157.32 megawatts of electricity, 75 tons / hour of steam and 1,566 cubic meters / day of demineralized water.

4. Amata B.Grimm Power 2 Company Limited received approval for a power generation and steam production project, with an investment value of 5.4 billion baht. The project, located at Amata City Chonburi Industrial Estate in Chonburi Province, will have a capacity of 157.32 megawatts of electricity and 75 tons / hour of steam.

5. Glow SPP1 Company Limited received approval for a power generation and steam production project, with an investment value of 11.3 billion baht. The project, located at Asia Industrial Estate in Rayong Province, will have a capacity of 290 megawatts of electricity and 120 tons / hour of steam.

6. Bangkok Cogeneration Company Limited received approval for a power generation, steam and demineralized water production project, with an investment value of 4.7 billion baht. The project, located at Map Ta Phut Industrial Estate in Rayong Province, will have a capacity of 162 megawatts of electricity, 90 tons / hour of steam and 250 cubic meters / hour of demineralized water.

Source: www.boi.go.th

Avatar

Comments

Economics

Thailand to roll out more economic measures for New Year

Thai economy next year is expected to grow by 3.5-4.5 percent, while the Ministry of Finance has prepared more measured to be rolled out

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – The Ministry of Finance’s permanent secretary says that the Thai economy next year is expected to grow by 3.5-4.5 percent, while the Ministry of Finance has prepared more measured to be rolled out for the general public as New Year gifts.

(more…)

Continue Reading

Banking

Raising inequality posing credit risks for sovereign in APAC countries

Governments with weaker social protection systems and tighter fiscal positions will face tougher challenges in tackling income inequality

Pr News

Published

on

By

Moody’s Investors Service says in a new report that the impact of the coronavirus pandemic will exacerbate income inequality in APAC, posing credit risk for sovereigns across the region and in particular for those with weaker fiscal capacity and social protection systems.

(more…)

Continue Reading

Economics

Salary increases in Thailand and Singapore expected to be among the world’s highest in 2021

Few countries are expected to see a significant rise in the level of real salary increases in 2021, but there are exceptions to this within the Asia Pacific region

Pr News

Published

on

By

Thailand and Singapore are joint-second place in the Asia Pacific rankings for real salary increases.

(more…)

Continue Reading

Cart

Latest

Most Viewed

Subscribe via Email

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

Join 13,200 other subscribers

Trending