Thailand’ Board of Investment Foreign Applications Increase

Foreign applications for investment were up 53% in the first quarter of 2011. The Board of Investment (‘BoI’) Secretary-General Atchaka Sibunruang voiced confidence that the investment value from applications for investment promotions would reach Bt400 billion this year as targeted given the clear recovery of the global and domestic economies.

Keywords: Thailand, Board of Investment, Map Ta Phut, BOI

She said the investment atmosphere was also boosted by progress in the implementation of mega-investment projects and a clear solution to investment obstructions such as the uncertainty about Map Ta Phut and its environmental management problem.