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Top 5 nationalities investing in Thailand in Q1


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Anucha Burapachaisri | Photo via PPTV

 

Foreigners invested 33 billion baht into Thailand in the first quarter of the year, a government spokesperson revealed today. Investors from Japan invested the most, followed by investors from Singapore and the USA, respectively.

 

A spokesperson for the Prime Minister’s Office and Deputy Secretary-General to the Prime Minister Anucha Burapachaisri revealed that the government approved investment from 174 foreign investors in Q1 under the Foreign Business Act (1999).

 

Thailand’s Top 5 Foreign Investors (Q1 2023)

 

  1. Japan (46 investors)
  2. Singapore (30 investors)
  3. USA (25 investors)
  4. China (10 investors)
  5. Switzerland (nine investors)

 

According to data from the Department for Business Development, Ministry of Commerce, Thailand received 33.048 billion baht from foreign investors in Q1, creating employment for 1,932 Thai people as well as the transfer of knowledge to Thai people.

 

Most investments went into developing the country’s infrastructure. Some 31 foreigners invested a total of 3.264 billion baht in the Eastern Economic Corridor (EEC), representing 18% of the total number of foreign investors in Q1, said the spokesperson.

 

Full Story: https://thethaiger.com/hot-news/economy/top-5-nationalities-investing-in-thailand-in-q1

 

Thaiger

-- © Copyright Thaiger 2023-05-02

 

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