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Saturday, April 27, 2024

Korean firms set to invest B7bn locally

An electric vehicle is showcased at a recent Bangkok Motor Show. Mr Veeris says Korean executives are keen to invest in the EV business. (Photo: Patipat Janthong)

Five South Korean companies are keen to embark on new investment projects in Thailand, ranging from an electric vehicle (EV) business to the construction of a new industrial estate, says the Industrial Estate Authority of Thailand (IEAT).

The prospective investors are expected to allocate around 7 billion baht for the projects, said Veeris Ammarapala, governor of the IEAT, after talks with executives during a recent roadshow in South Korea.

“Four of the companies are interested in EVs, electronic parts for cars, or medical equipment,” he said.

The value for these…

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