Today (25 April 2024) Mr. Chai Watcharong, Spokesman of the Prime Minister’s Office, revealed that Mr. Settha Thavisin, Prime Minister and Minister of Finance. Admire the potential of Thailand that makes foreigners interested in investing in Thailand, which from the information Department of Business Development Ministry of Commerce (which is a specific investment related to the service sector and must request permission from the Ministry of Commerce only) In the first quarter of 2024, foreigners invested more than 35 billion baht in Thailand, which is considered another important factor in creating careers. Increase income for Thai people by the government ready to encourage investment. and support the transfer of specialized knowledge in the industrial sector To Thailand, Thai workers, in order to play a part in developing Thailand’s competitiveness on the world stage.
A spokesman for the Prime Minister’s Office said that the Ministry of Commerce Revealing information on investments in business operations in Thailand by foreigners who are permitted under the Foreign Business Act B.E. 2542 in the first quarter of 2024 (January – March), it was found that there were 178 investments in Eastern Economic Corridor (EEC) project area, numbering 53, with foreign investment having a total investment value of 35,902 million baht, promoting the employment of more than 849 Thai workers.
From the data, the top 5 people coming to invest in Thailand are: 1) Japan, 40 companies, accounting for 22 percent of the number of foreign businesses in Thailand. There is an investment value of 19,006 million baht in businesses such as advertising business and contracted services for producing electricity from solar energy. 2) Singapore: 32 companies, accounting for 18 percent of the number of foreign businesses in Thailand. There is an investment value of 3,294 million baht in businesses such as health rehabilitation center services. Electronic commerce business (e-Commerce) by providing a deposit system for buying and selling goods and services. 3) United States, 29 businesses, accounting for 16 percent of the number of foreign businesses in Thailand. There is an investment value of 1,048 million baht in businesses such as engineering services business. Brokerage and agent business in purchasing, sourcing, and distributing products such as tools and electronic equipment, computers, and jewelry. 4) China: 20 companies, accounting for 11 percent of the number of foreign businesses in Thailand. There is an investment value of 2,886 million baht in businesses such as metal cutting services. Software development services business for sale and 5) Hong Kong, 11 cases, accounting for 6 percent of the number of foreign businesses in Thailand. There is an investment value of 1,017 million baht in businesses such as retail business. (Injection molding machine) Product manufacturing service business Types of automobile spare parts and components and components made from aluminum
“The Prime Minister believes that foreign investment in the service sector in the first quarter of 2024 is a reflection of the overall success of the government’s work throughout the past period. both proactive economic diplomacy policies Increasing the ease of doing business and providing benefits for investors. This includes the overall economic atmosphere of Thailand, which found that foreign investors are confident in Thailand’s potential. And there is a tendency to expand investment in Thailand further,” Mr. Chai said.
Tags: Thai Government Government House News Government Spokesperson reveals Prime Minister admires results governments success quarter foreigners invested billion baht Thailand including investment promotion requires permission BOI
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