BoI: Investment up in May
A total of 200 investment applications with a combined worth of 82.5 billion baht were submitted to the Board of Investment (BoI) for investment privileges in May, the investment promotion agency reported on Tuesday.
- Published: 12/06/2012 at 12:09 PM
- Newspaper section: breakingnews
The number of applications in May increased over the same month last year by 64.5 per cent and the value by 54.4 per cent, the BoI said.
The applications over the first five months of the year (Jan-May) totalled 817, an increase of 20.9 per cent from the same period last year. The combined investment cost was up 87.5 per cent to 374.9 billion baht, from 200 billion reported last year.
The most investments in May were in chemicals, paper and plastic, with 109 applications and a total investment of 105.5 billion baht, said BoI.
The service and public health industry was next, with 207 applications with a combined investment cost of 87.4 billion baht, followed by metal products, machinery and transportation equipment, with 190 applications and 64 billion baht investment cost.
There were 69 applications worth more than one billion baht, with a total investment cost of 250 billion baht, the BoI said.
The eastern province of Rayong was the most favored investment locale, with 104 applications and a total investment cost of 115.5 billion baht, followed by Chonburi, Ayutthaya, Samut Songkram and Ratchaburi.
About the author
- Writer: Online Reporters
- Position: Online Reporters