webfact Posted May 23, 2022 Share Posted May 23, 2022 Picture: Siam Rath Deputy government spokeswoman Ratchada Thanadirek cited Commerce ministry figures for investment by foreign firms mostly in the tech sector. In the first four months of the year around 200 individuals and companies had availed themselves of special privileges investing 36 billion baht. In January there were 49 investors for 9.7 billion baht, February 44 at 5.7 billion, March 53 at 10.8 bilion and April 50 at 9.9 billion baht. Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe Investment was in transport and cargo, petrochemicals, medical supplies and electric vehicle charging stations in particular, reported Siam Rath. Despite the continuing downturn caused by the pandemic the economy was expected to grow 2.3-3.5%. The BOI are conducting roadshows abroad in Europe, the US, South Korea and Japan to encourage investment in Thailand and just concluded the latest APEC 2022 cooperation meeting. -- © Copyright ASEAN NOW 2022-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get your business in front of millions of customers who read ASEAN NOW with an interest in Thailand every month - email [email protected] for more information Link to comment Share on other sites More sharing options...
Isaan sailor Posted May 23, 2022 Share Posted May 23, 2022 And with I rising Baht, this won’t last too long… Link to comment Share on other sites More sharing options...
hotchilli Posted May 23, 2022 Share Posted May 23, 2022 5 hours ago, webfact said: Investment was in transport and cargo, petrochemicals, medical supplies and electric vehicle charging stations in particular, Foreign investment doing what the government should do. 1 Link to comment Share on other sites More sharing options...
zzaa09 Posted May 23, 2022 Share Posted May 23, 2022 20 minutes ago, hotchilli said: Foreign investment doing what the government should do. Or......freeing up the marketplaces to open/free enterprise without the usual stranglehold of the enriched oligarchies. 2 Link to comment Share on other sites More sharing options...
RichardColeman Posted May 23, 2022 Share Posted May 23, 2022 6 hours ago, webfact said: The BOI are conducting roadshows abroad in Europe, the US, South Korea and Japan to encourage investment in Thailand Wonder if the tag line was 'Employ a Thai for the price of a decent Burger a day !' Let's face it they only invest in Thailand due to ridiculously cheap wages, If Thailand had the same daily wage - or even 20% of it - as the west, nobody would invest here. 1 Link to comment Share on other sites More sharing options...
spidermike007 Posted May 23, 2022 Share Posted May 23, 2022 I question everything coming from this administration. Who could prove otherwise? They are likely saying anything they want. I seriously doubt the veracity of these numbers. What do they include? What do they exclude? 1 1 Link to comment Share on other sites More sharing options...
StayinThailand2much Posted May 23, 2022 Share Posted May 23, 2022 (edited) According to OP, Jan. to April 2022: ca. 1.1 billion U.S. dollars. Comparison to previous years, see below: FDI Net inflows in billion U.S. dollars: 2021 2.48* 2020 -4.77** 2019 4.82** 2018 13.19** 2017 8.29** 2016 3.49** 2015 8.93** 2014 4.97** 2013 15.94** (*Source: https://thaiembdc.org/2022/02/08/u-s-was-2nd-largest-foreign-investor-in-thailand-in-2021/ **Source: https://www.statista.com/statistics/607941/thailand-foreign-direct-investment-net-inflows/) Edited May 23, 2022 by StayinThailand2much 1 Link to comment Share on other sites More sharing options...
garyk Posted May 23, 2022 Share Posted May 23, 2022 2 hours ago, spidermike007 said: I question everything coming from this administration. Who could prove otherwise? They are likely saying anything they want. I seriously doubt the veracity of these numbers. What do they include? What do they exclude? If you shout it loud enough it will be the truth. BS 101 2 Link to comment Share on other sites More sharing options...
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