According to the Thailand Board of Investment (BOI), the value of investment promotion applications rose 42% over the previous year to ฿722.5b (US$ 21.7b) in the first nine months of 2024, the highest amount since 2015.
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According to the Thailand Board of Investment (BOI), the value of investment promotion applications rose 42% over the previous year to ฿722.5b (US$ 21.7b) in the first nine months of 2024, the highest amount since 2015.
The E&E sector had 291 projects costing ฿183.4b, followed by the digital sector with 107 projects costing ฿94.2b, and the automotive and parts sector with 212 projects costing ฿67.8b. These applications for projects in the targeted industries made up 68% of the overall investment amount.
Narit Therdsteerasukdi, secretary general of the BOI, said, “The investment applications in the first nine months clearly demonstrate the rising confidence of investors in key tech industries that Thailand is the strategically located, safe, and resilient place that’s best for their…