Investment

Thailand remains attractive to Swiss and Italian investors even amidst global slowdown

Thailand remains attractive to Swiss and Italian investors even amidst the global economic downturn. According to Thailand Board of Investment (BOI), the net applications from Switzerland during Jan-Feb 2009 reached Bt1.43 billion (USD39.9 million), almost equal to its total applications in 2008 of Bt1.81 billion (USD50.5 million).
The net applications from Italy during the first two months of 2009 totaled Bt2.04 billion (USD56.9 million), surged over 202.5% from its total application in 2008 of Bt676 million (USD18.8 million). The investment applications are mainly from manufacturing businesses including energy-saving products, animal feed, electronic parts, and international procurement centers.

Published

12 years ago

March 23, 2009

Akanksha Singh

The net applications from Italy during the first two months of 2009 totaled Bt2.04 billion (USD56.9 million), surged over 202.5% from its total application in 2008 of Bt676 million (USD18.8 million). The investment applications are mainly from manufacturing businesses including energy-saving products, animal feed, electronic parts, and international procurement centers.

Dr. Atchaka Sibunruang Brimble, BOI Secretary General, revealed after returning from road show mission in Europe during March 12-19 that,

’Even the global FDI begins to slow down due to the global economic crisis, European investors still consider Thailand as one of the most attractive destinations in the region. Some sectors still see prospective opportunities, such as green technology and agro-industry. EU is currently the second top investor in Thailand after Japan.’

bangkok_night1 The BOI joined hands with the Swiss-Asian Chamber of Commerce (SACC) to organize a seminar titled ’Exploring Investment Opportunities in Thailand’ in Zurich on March 12, 2009. Mr. Bernhard Pleschko, Swarovski Group’s Vice President, joined in sharing the company’s success story in Thailand. On this Europe’s mission, the BOI executives also visited top European enterprises, including NestlÃ© and Michelin.

According to Dr. Atchaka, the European investors expressed confidence in investment opportunities in Thailand. The BOI assured the European investors that it will assist in resolving investors’ obstacles in doing business, as well as improving investment climate in order to enhance Thailand’s attractiveness as one of the most favourable investment destinations in the region.

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

2 days 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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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.

Published

7 days ago

December 23, 2020

BOI

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.

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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.

Published

4 weeks ago

December 4, 2020

Pr News

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.

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