BoI posts 77% rise in value

The value of investment in Thailand soared by 77% year-on-year to 185.7 billion baht from 397 project proposals between January and March, with South Korea being the top foreign investor in terms of value  in the first quarter, says the Board of Investment (BoI).

Foreign investment accounted for 155.2 billion of total investment, a year-on-year increase of 115%. “South Korean investors were ranked first, with investment worth 31.4 billion baht,” said Narit Therdsteerasukdi, secretary-general of the BoI, based on investment projects submitted to the BoI for tax and investment incentive packages during the first three months of 2023.

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Bangkok Post Reporter