The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.
The total number of project applications filed, 401, was 14% higher than the 351 filed in the January-March quarter of last year, the BOI said.
Out of that total, the 191 FDI projects represented a combined application value of 62 billion baht, a 143% increase from the adjusted 25.6 billion baht in total value of the 231 FDI applications submitted in the first three months of 2020.
South Korea, China, and Singapore top three sources
The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore,…
