The Thailand Board of Investment (BOI) has seen a significant increase in foreign investment, with a 43% rise in investment value. China has emerged as the largest source of foreign direct investment applications. The electrical appliances and electronics sector has shown strong growth, accounting for 51% of total investment applications.
The BOI is working to improve the investment climate by addressing regulatory hurdles by expanding its reach and providing incentives for the automotive industry to promote automation and transition to electric vehicles. In total there has been a 31% increase in project applications and a 49% increase in foreign direct investment projects. Plus a notable 43% increase in investment value.
China, Singapore, and Japan are the top sources of FDI applications. The electrical appliances and electronics industry, agro-industry and food processing and automotive and parts are the top sectors attracting investments.
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