BANGKOK, Aug 9 (Reuters) – Thailand’s investment applications in the first half of this year rose 158% from a year earlier to 386 billion baht ($11.5 billion), led by the electronics and medical sectors, the country’s investment agency said on Monday.
Foreign direct investment (FDI) projects had a combined application value of 279 billion baht in the January-June period, up almost four-fold from a year earlier, the Board of Investment (BOI) said in a statement.
Japan, the United States and China were the top three source countries of FDI applications, it said.
“We feel encouraged by the fact that so many foreign investors, including many new ones chose to invest in Thailand at a time when the global investment environment remains challenging due to the continued impact of the COVID-19 pandemic,” said BOI head Duangjai Asawachintachit.
“That demonstrates investors’ confidence…
