Japan ranked as nation with biggest investment in Thailand in 2021

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By Panithan Onthaworn

 

Thailand saw over 82.5 billion baht worth of foreign investment in 2021 from 570 investors, with Japan accounting for the majority, the Ministry of Commerce reported on Monday.

 

Japanese investors represented 28.6 percent of overall investor counts, with 23.3 billion baht in investment, followed by the United States at 15.4 per cent and Singapore at 15.1 per cent.

 

The investment from foreign investors created around 5,450 jobs for Thais, Deputy Commerce Minister Sinit Lertkrai said. 

 

Full story: https://www.thaienquirer.com/37094/japan-ranked-as-nation-with-biggest-investment-in-thailand-in-2021/

 

-- © Copyright Thai Enquirer 2022-02-01

 

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[daveAustin]

All them cars and bikes.
Thailand’s outflow pretty decent isn’t it? Anyone got a graph?

[hotchilli]

If Japan ever pulled the plug Thailand would collapse.

[PoodThaiMaiDai]

I would venture to guess, most of these investments are businesses expanding.

 

There are many Japanese and US restaurants and hotels.

 

Not too many Chinese, which is what Thailand appears to being trying to change.

[RandiRona]

And I thought CCP is their best friend. Seems CCP just wanna grab some!!

[smutcakes]

46 minutes ago, PoodThaiMaiDai said:

I would venture to guess, most of these investments are businesses expanding.

 

There are many Japanese and US restaurants and hotels.

 

Not too many Chinese, which is what Thailand appears to being trying to change.

Chinese are coming into the industrial side in a big way. I was reading the WHA annual report the other day and it said that their land sale customers was 32% Japanese historically, but in the past 3 years their land sales were 61% Chinese and just 11% Japanese.

[Enzian]

5 1/2 K jobs created doesn't seem like very many for all those sectors, or it's just the increase for last year. There are always questions with the reporting here, and translating from Thai doesn't help.

[smutcakes]

23 minutes ago, Enzian said:

5 1/2 K jobs created doesn't seem like very many for all those sectors, or it's just the increase for last year. There are always questions with the reporting here, and translating from Thai doesn't help.

I do find quite a lot of the BOI reporting a little disingenuous sometimes. They always talk about 'new investment' as if it is new FDI and new investors coming into the market, whereas a lot of the new investment is actually existing Thai companies registering for new promotions etc... the likes of CPN, Minor Group, CP, TCC etc yes its new investment but its slightly disingenuous to let people believe this is 'new' investment into the Thailand market.