BOI: Foreign direct investment in January increases by 60%

The Board of Investment (BOI) has revealed that the Foreign Direct Investment (FDI) in January this year increased by 60% year-on-year, standing at 25 billion baht in value.

In January, foreigners requested investment promotions for 80 projects, a 19% increase year-on-year, worth 25 billion baht altogether; forty-three of which were for the expansion of the existing businesses in Thailand; while the other 37 were for new ones. The increase reflected foreigners’ confidence in Thailand after it was hit by the flood.

According to the BOI, four most popular industries are in the fields of: (1) metal, machinery and transportation, (2) electronic and electrical appliances, (3) chemical, paper and plastics, and (4) infrastructures.

Source: http://thainews.prd.go.th/en/news.php?id=255502200009

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