Foreigners continue to invest

The House of Representatives, May 20-Foreign investors Continue to invest in Thailand in the first 4 months of 2023, with a total of 217 people, 38 billion baht, employing 2,419 people.

Ms. Ratchada Thanadirek, Deputy Spokesperson for the Prime Minister's Office, revealed that from government investment promotion measures by providing incentives to encourage investment availability of sufficient raw materials And there is a supporting industry ready. Make foreigners have confidence in Thailand's potential. During the 4 months of 2023 (Jan.-Apr.), 217 foreign investors have been allowed to invest in Thailand, an increase of 11% as an investment. 69 foreign business licenses and 148 foreign business certificates were obtained through the channels, with an investment of 38,702 million baht, an increase of 6 percent. Employing 2,419 Thai people, an increase of 6 percent. The top 5 foreigners investing are Japan, 55, 25%, investment 14,024 million baht, Singapore, 35, 16%, investment, 4,854 million, US, 34 people, 15%, investment 1,

For businesses that have been permitted in the last 4 months, mostly in the EEC area, 43 people, representing 20 percent of the total number of investors. The value of investment in the EEC area was 7,521 million baht, accounting for 19 percent of the total investment. There are 17 investors from Japan investing 2,816 million baht, 8 Chinese investors investing 725 million baht, 3 Hong Kong investors investing 2,920 million baht and 15 other countries investing 1,058 million baht.

“Even though the situation of the COVID-19 outbreak will have an impact all over the world including Thailand But investors still have plans to expand their investments in Thailand continuously. Investors are of the view that Thailand has many favorable factors. both raw materials and sufficient parts Communication services are available. Transportation and logistics Including various benefits that affect investment decisions Including the confidence of foreign private sector towards Thailand. both in terms of infrastructure market potential business support measures quality labor,” Ms. Ratchada said.-Thai News Agency

Source: Thai News Agency

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