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BoI applications exceed target

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Applications for Board of Investment (BoI) privileges from January to September topped 804 billion baht, exceeding the set target of 800 billion baht, an informed source at the BoI said on Thursday. 

The number of projects rose from the same period last year by 21.6% to 1,302, underscoring investor confidence in Thailand's prospects. The investment worth was up 97%, from 407 billion baht reported over the same period last year, the source said.

Of the total, 1,057 projects with a combined investment value of 433 billion baht were foreign direct investment.
Services and utilities accounted for the biggest share by value, with 415 projects and investment capital of 237 billion baht.

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