Thailand saw $1.7 billion “BCG” or ‘green’ investment applications in Jan-Sep 2020 – BOI
In the first nine months of 2020, local and international companies applied to invest as much as $1.7 billion
in Thailand in more than 300 projects in the sectors listed as “BCG”, or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to data collected by the Thailand Board of Investment (BOI).
This lifted the total value of BCG applications since the start of 2018 to $6.7 billion, reinforcing Thailand’s position as a Bio-Circular-Green hotspot, the BOI said.
The BCG model, as defined by the Thai Government, encompasses industries that allow inclusive, sustainable growth while reducing waste, pollution and dependence on…