TEMPO.CO, Bangkok – Thailand has seen rising investment demand in environmentally-friendly Bio-Circular-Green (BCG) projects in the first nine months of the year amid the government’s efforts to boost sustainable recovery from COVID-19, according to official data.
During the January-September period, the country’s Board of Investment (BOI) received 128.4 billion baht (about 3.8 billion U.S. dollars in the current exchange) worth of investment applications for the BCG projects, surging from 49.3 billion baht during the same period of last year.
As of September, the total value of BCG investment applications filed by both local and overseas investors has amounted to 677.2 billion baht, according to the BOI data.
The strong growth this year came following the BOI unveiled a series of measures and mechanisms to promote the BCG investment as the Thai government declared the BCG as a…
