The Board of Investment of Thailand (BOI) has revealed that 407 investment projects, worth 155 billion baht altogether, have been carried out in Thailand by foreign investors during the first four months of 2012.
Speaking about the overall situation of the foreign direct investment (FDI) during January-May 2012, BOI Investment Adviser Hiranya Sujinai has revealed that more foreigners have expressed their interest to invest in Thailand both in the number of projects and investment value. A total of 407 projects, with an investment value worth 155.49 billion baht, have requested investment promotions from the BOI. The number of investment projects has increased by 21% year-on-year, while there is also a 44% rise in the investment value.
Japan still holds its position as the largest foreign investor in Thailand, with a total of 228 projects, worth 93 billion baht. Other important foreign investors include Malaysia (10.74 billion baht), USA (9.11 billion baht), the Netherlands (9.8 billion baht) and Hong Kong (5.46 billion baht).