Thailand 2020 investment applications at over 480 billion baht led by E&E and food – BOI

The Thailand Board of Investment (BOI) has revealed that local and foreign investors in 2020 filed a total of 1,717 applications

for investment promotion, representing a combined investment value of 481.1 billion baht ($6 billion), led by projects in the electric and electronics and the agriculture and food processing sectors, and a surge in the medical sector.

“The coronavirus outbreak represented both a challenge and an opportunity, and while the overall economy registered a slowdown in 2020, businesses that could continue to expand during the crisis, such as the medical sector, witnessed an increased number of investment applications,” Ms Duangjai Asawach, Secretary General of the…