Foreign investment soared by 56% to 129 billion baht in value last year, with Japan topping the list in terms of budget to develop businesses in Thailand.
Japan’s investment value tallied 39.5 billion baht, followed by China at 23.3 billion and Hong Kong at 18.2 billion, according to the Commerce Ministry.
Deputy Commerce Minister Sinit Lertkrai said on Friday that the Foreign Business Committee granted permission under the Foreign Business Act to a total of 583 investment applications in 2022, an increase of 2%.
The investment value in 2021 was 82.5 billion baht.
Foreign investments last year led to the employment of 5,253…
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