Led by Medical and E&E, FDI more than doubles – BOI
The Thailand Board of Investment (BOI) said on 5 May 2021 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 ($3.9 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.
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