FILE PHOTO: Duangjai Asawachintachit, Secretary-general, The Board of Investment (Photo supplied)
The government on Monday extended an investment incentive scheme to try and bolster the country’s economic recovery from the Covid-19 pandemic and said it expects more than 500 billion baht of investment pledges next year.
That forecast is similar to around 600 billion baht in both domestic and foreign investment applications lodged this year, an increase on the 481 billion baht seen the year previous, the Board of Investment (BoI) said.
The agency’s head Duangjai Asawachintachit said the ongoing uncertainty of the pandemic necessitated a one-year extension of a scheme that includes tax exemptions for large-scale investment projects.
“We are seeing an improvement in the overall business sentiment, but the…
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