The majority of foreign investors operating in Thailand expect a bright operation outlook, according to a survey by the Board of Investment (BOI) of Thailand.
The survey showed that 63 percent of foreign investors planned to maintain their investment during 2013-2014 while 34 percent would expand their investment and no one indicated a plan to move out of the country.
The foreign investor confidence survey also showed that the efficiency of the supporting sectors as well as abundance of raw materials is the prior reason encouraging these companies to maintain or expand their businesses. Other supporting factors are the infrastructure and tax privileges from the BOI.
Foreign investors also viewed that compared to other ASEAN nations, Thailand has an advantage as a business hub. Thailand has won a 3.64 score (out of 5), being the second to Singapore (3.79). The investors also expected an improvement in revenue and profits from the operations in Thailand in 2013 and 2014.
The survey also found that 13.6 percent of foreign investors operating in Thailand planned to venture to other countries including Vietnam , Myanmar and Malaysia.-VNA
The survey showed that 63 percent of foreign investors planned to maintain their investment during 2013-2014 while 34 percent would expand their investment and no one indicated a plan to move out of the country.
The foreign investor confidence survey also showed that the efficiency of the supporting sectors as well as abundance of raw materials is the prior reason encouraging these companies to maintain or expand their businesses. Other supporting factors are the infrastructure and tax privileges from the BOI.
Foreign investors also viewed that compared to other ASEAN nations, Thailand has an advantage as a business hub. Thailand has won a 3.64 score (out of 5), being the second to Singapore (3.79). The investors also expected an improvement in revenue and profits from the operations in Thailand in 2013 and 2014.
The survey also found that 13.6 percent of foreign investors operating in Thailand planned to venture to other countries including Vietnam , Myanmar and Malaysia.-VNA
