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Monday, May 6, 2024

Chinese investors top BOI investments applications

From January-June 2023, direct foreign investment statistics reveal 507 investment projects with a total value of 304.04 billion baht, indicating a 33% increase in the number of projects and a significant 141% increase in the total investment value compared to 2022. During this period, China also led with 132 projects, accounting for 26% of all foreign investment projects. China also had the highest investment value at 61.53 billion baht, representing 20% of the total foreign investment value.

As of June 30 this year, the value of total investments by foreign corporations reached 9.63 trillion baht, comprising 118,364 projects. Among these, the Chinese invested a total of 304.96 billion baht through 23,043 business entities, according to the Commerce Ministry’s data on foreign investments in Thai firms.

The top five business sectors to which Chinese investors have contributed the…

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