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Foreign direct investment in Thailand continues to increase

The Board of Investment of Thailand (BOI) has revealed that foreign direct investment (FDI) in Thailand has been increasing continuously.

Bangkok,Mar. 21 (VNA/NNT) - The Board of Investment of Thailand (BOI) has revealed thatforeign direct investment (FDI) in Thailand has been increasingcontinuously.

BOI Secretary-General Atchaka Sibunruang reported a 30 percent increasein investment applications during January and February in 2012 compared to lastyear’s figure. The accumulated investment value of the projects stood at 82billion THB.

According to Atchaka, operators from the electronics, electricalappliance, chemical, paper and plastic industries made up the majority of applicantsfor the incentives.

The Secretary-General added for the first two months of the year, mostforeign investments were intended to expand projects already present in Thailand,accounting for 114 projects with a combined value of 55 billion THB. She saidthere were only 74 new projects worth 27 billion THB in January and February.(VNA)

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