The Thailand Board of Investment (BOI) has announced that the combined value of foreign and local applications for investment promotion in 2021 totaled 642.7 billion baht (19.5 billion USD), up 59 percent annually, boosted mainly by FDI in Bio-Circular-Green (BCG) industries as well as the continued buildup of the power generation sector.
The Thailand Board of Investment (BOI) on February 6 approved a number of measures to accelerate investment and support key sectors of the economy, as well as incentives to help strengthen the grassroots economy and tourism industry.
The Thai government on September 10 endorsed a package of measures aimed at attracting more foreign investment, especially to expedite investments from companies seeking to relocate their production plants in the context of the escalating US-China trade tension.