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Tuesday, February 7, 2023

Investment pledges, driven by FDI, rise by 39% to B665bn

A shipping vessel is docked at Laem Chabang port in Chon Buri province in the Eastern Economic Corridor.

Thailand’s investment pledges rose by 39% in 2022 from the previous year, according to the Board of Investment (BoI).

The increase, which saw pledges hit 665 billion baht, was led by large foreign direct investments (FDI) in key sectors, including electronics, the electric vehicle (EV) supply chain and data centres, confirming the recovery from the pandemic, said the BoI.

The numbers were announced on Friday after a BoI board meeting chaired by the prime minister.

The meeting also approved a coordination mechanism to facilitate multinational companies’ applications to set up regional headquarters in Thailand, a plan to…

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