Thailand Targets $57 Billion Investment in Green, Tech Sectors

Thailand expects foreign and local companies to pump in about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.

The fresh investments may generate 625,000 new jobs and add 1.7 trillion baht to the nation’s gross domestic product, the Board of Investment said in a statement on Friday. The agency plans to promote five targeted industries, including electric vehicles, bio-circular and green, innovation and smart electronics among the potential investors.

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