Areas in the Eastern Economic Corridor are a major destination for foreign investors. (Bangkok Post file photo)
The value of planned investment in applications made in the first quarter of 2021 rose 80% to 123 billion baht as proposed foreign direct investment (FDI) more than doubled, an investment agency said on Wednesday.
FDI projects had a combined application value of 62 billion baht in the January-March quarter, a 143% increase from the first three months of 2020.
South Korea, China, and Singapore were the top three source countries of FDI applications, the Board of Investment (BoI) said in a statement.
The medical sector attracted the most investment with a total of 29 projects worth 18.4 billion baht, over 100 times more than a year earlier, it said.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.